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Cornerstone Strategic Value Fund, Inc. Announces the Suspension of its Rights Offering
https://finance.yahoo.com/news/cornerstone-strategic-value-fund-inc-131600467.html
Yeah!
That response puts that story to rest. FACT.
How 'bout them apples?
OK. I've read that before. Thank you for posting that again.... But that post is irrelevant to your post that there are no profits. That lawsuit was in reference to Penquin Pretzels from 2016, not the Pretzel Haus with Greg Mitchell calling the shots. That post you offer is ancient history.
Do you have anything that proves there are no profits for the Pretzel Haus? Are you just guessing? Just hoping there are no profits?
Where did you get the information that there are no profits?
I stand by my statement that they are making a profit until I see concrete evidence to the contrary, which may be the case but we don't know either way for sure. That's all I am saying.
How do you know there are no profits?
Where are you getting this information?
Unless you have inside information that the rest of us don't have access to, I'm saying there are profits.
Thanks for the clarification, TPA.
That is helpful.
Onward and upward with this improvement to serving our customers.
Beer and wine on the menu can only increase income with the new revenue stream.
I added more today.
I whole heartedly agree.
Without Greg there would be no GRLT. He is the Tiger Woods of pretzels right now.
Sell your stock, take your loss and get out.
I would find it helpful to see some news that would explain this volume today. Something must be brewing.
I wish they would tell us more about their blockchain technology. There is a lot of buzz around crypto, blockchain ledgers, the Metaverse, DeFi, NFT's, Ethereum, stablecoins, tokens and tokenization in the news lately.
I wonder what details about the TrueTrace blockchain the company could tell us. I suspect it might generate some interest in their products.
Again?
Typical
Oops.
Spelling error. I meant "predictable", on the comment from the member, from HH.
Classic
Textbook
Predicable
I guess I'm encouraged by the "plans were rejected because of several mistakes and contradictions".
It tells me someone is doing something positive, they just didn't get it right the first time.
I am also reassured that they "are required to resubmit those plans before a permit can be issued."
This means the permitting process is ongoing and there will be movement on this project toward completion. Reminds me of that commercial about "Fortune favors the brave".
For me the glass is half full. I'm going to keep being patient and remain positive.
They are on the Contact Us Page.
https://pretzel-haus.com/contact-us
The Pretzel Haus FL 14351 N. Dale Mabry Highway,
OPEN 11-3 Tuesday - Sat - More hours to come soon!
20 hours.
Yesterday.
https://pretzel-haus.com
The Pretzel Haus FL 14351 N. Dale Mabry Highway,
OPEN 11-3 Tuesday - Sat - More hours to come soon!
https://pretzel-haus.com/contact-us
I'm in.
I totally agree.
I am very encouraged that we crossed over the $15K level so quickly.
It just makes so much sense for current investors to lend the company the money to expand and grow, to replace any need for toxic debt.
When I get some more funds from other stocks I'm about to sell, I'll be adding to the campaign again to help Greg get more stores open. It can only make my shares worth more in the long run.
I suspect some of you are on the fence about the crowdfunding and want to see at least one store get open before you give it a chance. That makes sense too, depending on your risk tolerance. And there is no rush. There is plenty of time to get in as the 10.25% interest rate will still be there when new investors come aboard.
The paragraphs you cite are typical boilerplate disclosure language that you might find in any Promissory Note Agreement or offer.
Every investment involves some risk, some even more than is palatable for most investors.
I think anyone who owns shares of GRLT, and I don't know if you do, can only help themselves by participating in this crowd funding campaign. I can accept the fact that some share holders may have reached their limit of the amount of money they are willing to continue adding to their investment here. I suspect some people my be holding their shares til they reach break even so they can sell everything and can get some dead money back.
But if you are looking at buying 250,000 shares tomorrow at .0024 - I would suggest that you put $500 of that into the Honeycomb campaign and and buy 41,000 shares instead.
Especially if the investor already own shares and is just adding to their holdings. By supporting the funding plan, you are increasing the chances that the shares you already own will increase in value as more stores are funded and opened.
Pay particular attention to the section where they plan on selling pretzels wholesale to local breweries which "is intended to cover all monthly operational costs leaving the retail revenues to generate a higher operational profit."....
if you have the risk tolerance for this type of investment in your wealth building scheme.
Hey Fish.
So are you going to head over to Honeycomb and drop a few schmoolians on the crowdfunding campaign? Maybe 500?
I agree, Mikey.
This IHUB Board page for GRLT shows 300 followers. If that is true (I suspect some have lost interest and moved on), and each of us invested $500 in the crowdfunding campaign on Honeycomb we'd have the $150K for the next store.
I'm just waiting for some funds to clear on Monday and I'm in for at least $500 if not 1K.
Let's Go Brandon.
Wow.
What is prompting this volume today?
Is this because they opened another dispensary in Florida? Or because the state of Florida has 612,000 registered patients?
Or does it have something to do with the warrant expiration announcement?
Maybe the company has started the share buy back plan they recently announced.
Whatever the reason, nice move up today.
Good for you. The price has been moving up nicely the last two weeks.
If Greg wrote this, he appears to be like me....
I do my best proofreading after I hit the send button.
Yes, the .10 is still a nice dividend, but it is now paid quarterly. Prior to the Rights Agreement in the fall and up until December of last year, this stock paid a monthly dividend of .083 which was .996 per share for the year. I still have some shares but I took profits on almost 60% of what I was holding. I'll still take the .40 per year per share and I'll be adding more of this stock in the future.
See my response to a question about the dividend change here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159766822
It looks like it, doesn't it?
I suspect we are going back to .0012 by the middle of next week.
I'll be ready to load up for the next run up to .0035 when the pumpers are calling for it to go to .004's and 5+ like they did before the Memorial Day weekend.
The Cannabis Act includes a number of prohibitions relating to the promotion of cannabis, cannabis accessories and services related to cannabis, as well as prohibitions relating to the sale of products with attributes, functions, labels, packages that could be appealing to young people.
Overview
The prohibitions regarding promotion contained in Subdivision A of Division 2 of Part 1 of the Cannabis Act (sections 16 to 24) are intended to protect public health and public safety, including:
Protecting the health of young persons by restricting their access to cannabis;
Protecting young persons and others from inducements to use cannabis.
WHAT PROMOTIONS ARE PROHIBITED?
General prohibitions on the promotion of cannabis
Unless authorized under the Cannabis Act, it is prohibited to promote cannabis or a cannabis accessory or any service related to cannabis, including:
by communicating information about its price or distribution;
by doing so in a manner that there are reasonable grounds to believe could be appealing to young persons;
by means of a testimonial or endorsement, however displayed or communicated;
by means of the depiction of a person, character or animal, whether real or fictional; or
by presenting it or any of its brand elements in a manner that associates it or the brand element with, or evokes a positive or negative emotion about or image of, a way of life such as one that includes glamour, recreation, excitement, vitality, risk or daring. [Subsection 17(1)]
https://www.commb.ca/cannabis-advertising-guidelines/
It doesn't look like the White House is on board.
https://nypost.com/2021/03/19/biden-white-house-fires-staffers-over-past-marijuana-use/
And this one, too.
https://www.thedailybeast.com/biden-white-house-sandbags-staffers-sidelines-dozens-for-pot-use
Focus Medical - An Israeli medical cannabis company.
https://www.gtec.co/gtec-enters-global-cannabis-market-with-export-agreement-to-israel/
The Company has entered into an agreement with Focus Medical Herbs Ltd. (“Focus Medical“), an Israeli medical cannabis company with which IM Cannabis Corp. (“IMC”) (NASDAQ: IMCC) has exclusive distribution agreements to export cannabis from Canada to Israel, subject to meeting all regulatory requirements both in Israel and Canada. Under the terms of this agreement, GTEC is expected to become a key supplier of cannabis to Focus Medical. The Company’s initial shipments of cannabis will be produced by its wholly-owned subsidiary, Grey Bruce Farms (“GBF”), located in Tiverton, Ontario, with the expectation that GTEC will export 500 to 1,000 KG per year.
The price won't tumble if everyone doesn't go on a selling spree. I hope all the Liberty HS shareholders weren't waiting for the conversion to take profits.
Hopefully any selling will be minimal and measured to allow AYRWF to get some traction first with the new acquisition.
CannMart US
ORDER #1025
Thank you for your purchase!
Hi Kevin, we're getting your order ready to be shipped. We will notify you when it has been sent.
75 Spiritleaf Stores
CALGARY, AB, Feb. 9, 2021 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (CSE: ISH), a Canadian company that has established a national network of Spiritleaf cannabis retail stores, today announced that its 75th Spiritleaf store in St. Catharines, Ontario is set to open this week. Spiritleaf operates the most cannabis stores under one single brand in Canada.
"We continue to build the Spiritleaf retail cannabis network with the opening of a new Ontario franchised store in Stratford earlier this month and a corporate store in St. Catharines now set to open this week as our 75th location. Our franchise partners and employees across the country are providing superb product knowledge and expertise to customers as we serve our local communities. The performance of Spiritleaf stores has remained strong even while operating in the midst of a challenging pandemic environment. We're very pleased with the quality of franchise partners we are attracting and their ability to truly make the Spiritleaf brand come alive for our customers," said Darren Bondar, President and CEO of Inner Spirit.
https://innerspiritholdings.com/news/inner-spirit-holdings-announces-75th-spiritleaf-retail-cannabis-store-opening/
Gotta love it, tiko.
I bought my first shares of LHSIF in Sept. of 2018. I've sold some and then bought them back since then but I have a cost basis of .46 so I'm up over a 100% right now.
I'll be holding all I've got now til this Agreement is completed and we see where AYR goes.
Thank you for the info.
OK. That makes sense.
Thanks for the explanation. I guess I'll be voting yes.
AYRWF seems to be moving in the right direction.
I have a question for anyone who may have some insight into the upcoming Arrangement Agreement.
I don't see anything in the materials regarding the number of shares Liberty Health shareholders will get with today's price for AYR Strategies.
The agreement describes terms of the deal with this language:
The Transaction will be effected by way of plan of arrangement under the Business Corporations Act (British Columbia). Under the terms of the Arrangement, shareholders of Liberty will receive 0.03683 of a subordinate voting share or restricted voting share ("Ayr Shares") for each Liberty Share held (the "Exchange Ratio"). Notwithstanding the foregoing:
if the 20-day volume weighted average price ("20D VWAP") of Ayr Shares immediately preceding the 3rd business day prior to the closing of the Transaction (the "Ayr Closing Price") is below $27.15 but greater than or equal to $23.08, the Exchange Ratio will be calculated as $1.00 divided by the Ayr Closing Price; and
if the Ayr Closing Price is less than $23.08, the Exchange Ratio will be fixed at 0.0433
There is no mention of what will happen if the "AYR Closing Price" is higher than 27.15.
I assume the "Exchange Ratio" will still be 0.03683 AYR shares for each Liberty Health share.
Can anyone shed some light on the current situation and what we should expect to receive if we vote yes and the Agreement is completed?
Thanks.
Very interesting.
That's a great question...Why not just start over? Maybe he owns a ton of shares and thought he could somehow get back to even.
I should have sold this crap years ago but I held on thinking maybe some day....
Thanks for the insight and enlightening point of view.
Hey td. I'm not trying to pick a fight, just want to pick your brain and get more of your take on recent events.
I've read everything you've posted on this forum since I bought my first shares in this sh%t show in December of 2013 so I know you've invested a lot of time and energy in outing this scam.
I have a couple of questions. Did you read the press release about the bond broker and the crowd funding model to raise funds so there wouldn't be any more dilution?
Do you really believe Greg is covering for Blackburn, Klein, Wilkerson and his son? I had never heard of these crooks before you brought them to light years ago on this forum so I think you know more about this group of cons than the rest of us here.
If this is just another Blackburn and Wilkerson scam to sell more shares, how do we find out if Greg has a connection to them? Would there be documentation somewhere that showed they have worked together in the past?
I had written this investment off a long time ago but I still have some shares and found hope and a glimmer of better days ahead when Greg showed up. I always believed in the idea of healthy fast food and thought maybe someone could make it work.
Are you still convinced this is the same song and dance just with a new song and new dancers?
Good for you, Mikey.
I also added some 1's and 2's when I could so this is nice, finally. You never lost faith in Greg.
I'm interested to hear comments from the Knife on all this. I'm still reading the filings but it appears Greg did what he said he would to get the financials up to date.
I'm hoping he can get a restaurant open and actually sell some food.
"We'll see," said the zen master.
You betcha.
I got a bunch more today at .1612. I'm with TheSilverBear looking to get some in the .15's but this price today was too good to pass up.
Had a limit buy order at .1625 that filled at .1612. Sweet!
Yes. It was announced in the quarterly filings on November 9th.
http://www.investor.greatelmcc.com/static-files/b915df09-5bdf-4c02-ac58-b37eb3c51ba8
Scroll down to the next to the last page. Exhibit 99.3
GREAT ELM CAPITAL CORP. DECLARES QUARTERLY CASH DISTRIBUTION
OF $0.10 PER SHARE
WALTHAM, MA, November 9, 2020 – Great Elm Capital Corp. (“we,” “us,” “our,” “GECC,” or “Great Elm BDC”), (NASDAQ: GECC), a business development company (BDC), today announced that Great Elm BDC’s Board set the distribution for the quarter ending March 31, 2021 at $0.10 per
quarter.
The distributions will be paid in cash and covered by net investment income. The record and payment dates for the distribution are expected to be set by GECC in December pursuant to authority granted by the Board.
Peter A. Reed, GECC’s Chief Executive Officer, stated, “We were pleased to increase the cash portion of our distribution while maintaining a favorable overall return to shareholders following the completion of our rights offering. On an annualized basis, this currently represents a 9.6% yield on NAV (based on Net Asset Value of $90.8 million, or $4.18 per share, after giving effect to the rights offering) and a 15.4% yield on the November 6, 2020 closing price of $2.60.
These foot notes were also on page 24 of the Investor Presentation from November 9th which was Exhibit 99.2
The Company had previously delivered a monthly distribution of $0.083 per share.
The majority of our fourth quarter 2020 distributions will be paid in shares of common stock in order to maximize liquidity and strengthen our balance sheet.