Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
My first position was the TTDZ merger play. I had no idea about the new GRCU ticker symbol, company name, BOD, etc. It was pure speculation which is why I currently hold other GRCU positions! Averaging down and pure speculation!
GRCU was a lotto play when you paid much higher prices for your shares! IMO nothing has changed! I'm curious what news or actions from the company provoked you to pay that SP?
<<<MUST READ>>> Where in the last PR does Cruz say "GRCU is going out of business"? LOL AGAIN! Cruz implies merger expenses ($23K of monies already in the bank) reserved for merger with Green Cures Inc (private company) are assigned to GRCU (public company) in order to pay off GRCU debts. It's implied the legal expenses created by GRCU mentioned in the last PR are due for the merger's legal work. IMO merger is imminent!
From May, 19, 2014 PR:
Update regarding previously announced merger
The Board of Directors of the Company has determined that it is in the best interests of the Company and its shareholders to postpone the previously announced merger with the Company's major controlling shareholder, Green Cures Inc., until further notice. At the present time, Green Cures & Botanical Distribution Inc., has an outstanding tax liability of approximately $30,000 for operations and business conducted throughout the year 2014 and the first quarter of 2015. Additionally, Green Cures & Botanical Distribution Inc., owes approximately $23,000 for legal services provided to the company through May 2015. The Company, and Green Cures Inc., have agreed that certain financing that was previously intended to be used for the financial auditing and legal services for Green Cures Inc., will be assigned to Green Cures & Botanical Distribution Inc., to pay the balances that are owed to the corresponding Government agencies and service providers.
So they had nothing to get it over .01 before but need all kinds of progress to get it back there? Why? I've seen OTC scams get over a nickel on nothing but air and GRCU is far from a scam! By the time your in your comfort zone with all this progress and you're reading about it; you'll be paying .03/share. Mark this post!
LOL! Not so shocking to some!
We both know the GRCU history well DJPB1984. I still don't know for sure if "the business fell flat" or if the first year was a test market in a new sector. If I were starting a new MJ/MMJ business; I would test market products in this brand new sector. In addition GRCU management has said "we won't sell inferior CBD oils" but only the best. They had tests going on a permanent basis for a while. Maybe they have found and tested their number one CBD back when reports could still be found. Maybe it's taken since that time to package and label their new brand? Who knows but I'm still confident!
Just opinion but the last GRCU PR listed "giving the Rico Suave energy drink licensing back to GCI". It's been announced "GRCU and GCI are attempting to merge". What if GCI (private company) sells the energy drink licensing to a larger energy drink supplier for millions? Then GCI and GRCU merge bringing much value into GRCU! Orlando Cruz is the majority shareholder for both companies! Speculation? Yes! Possible? Yes! Would I do this if I were Cruz? Yes!
You say "GRCU has no money". How do you know new funding hasn't come in yet? My bet is many longs took their first "expensive" positions prior to them knowing Cruz had $123K to invest. What makes today any different? Once everything becomes clear and you feel confident funding is in place and a new supplier has been contracted and a new CEO has been hired; you will be chasing! The PPS will already be at .03+! The market is forward thinking!
IF THE GRCU PPS CAN MOVE UP TO .024/SHARE FROM JANUARY, 2014 - APRIL 1ST, 2014 AND BEFORE THE BOD WAS ANNOUNCED; THEN IT CAN HAPPEN AGAIN!
What provided that "warm and fuzzy" feeling between January and March of 2014? Zero, zilch, nada! Buys were coming in on speculation! I'll admit that Calkin's appointment PR on April 2, 2014 brought in new buyers but on April 1st, 2014 i.e. one day before that news the stock closed at .024/share! That .024/share on 4/1/2014 was baseless! Again, I agree that the new BOD'S appointment and especially Calkin caused much more speculation and doubled the PPS but many took positions well before that announcement and were profiting "ON SPECULATION"! So what is so different now? What does GRCU have now compared to prior 4/2/2014? Websites, a merger mentioned numerous times, a licensed energy drink given back to GCI, new products, lessons learned, zero dilution, etc. I would say those items are a form of value and progress since the time most longs took their first positions! Show me a business that doesn't have setbacks in there first few years! Microsoft went to court with IBM over the rights to the DOS operating system. If Gates lost the DOS operating to IBM then Microsoft wouldn't exist due to one judges ruling! IMO .0018/share is still cheap compared to 99% of the other OTC companies out there and all their unknowns. The prior CEO's were useless and yet some scream for a new CEO asap! I say take another year or two to find the right guy for the job if necessary. As you have implied "this story is far from over"!
Been here since January, 2014 and I agree with you! Maybe lessons were learned or maybe it was a test marketing period or maybe they simply failed their first year in business? Who knows but IMO GRCU will come out of this healthier than ever and with a reduced share structure.
Monk, we know Goodspeed and I and yourself and others have been with GRCU since the beginning. I agree with Goodspeed's assessment 100% but I'll add my piece.
Where I differ is on the speculation side of GRCU. The markets are forward looking. I and others still here entered this stock before the websites, before Calkin, before Rico Suave was announced, before any filings, etc, etc. I can prove it with a screenshot if necessary i.e. January, 2014 when it was still TTDZ. What I don't get is the buying philosophy between then and now? How many including myself invested on "SPECULATION" and nothing else? What else did we have? My yellow sticky posted above is speculative but also logical based on numerous PRS mentioning the merger. Whether the CBDoil.com and Rico Suave websites were test marketing campaigns to gather marketing data in a new industry is yet to be seen. GRCU came through with 95% of everything they PR'D up until their silence. I say shut up, put up and then speak! I would never cater to the OTC trader/investor with pump PR'S. I would only PR when the milestone has taken place and can be proven with documentation. I think GRCU needs to restore some credibility. On the other hand and IMO they were honest, SEC rule abiding and MJ/MMJ law abiding. The AS hasn't been touched and they retired 300mm shares as they said they would. THIS IS NOT A SHARE SELLING SCAM! My gut and logic tells me there is a bigger picture to this story. Why wouldn't I continue to invest and average down for the same reasons I invested in January, 2014 at these lower entry points and based on that same SPECULATION?
If you're a seasoned trader then you know that once the catalysts or milestones are made public then the train will have already left the station. The OTC is made up of speculative buyers so what is new here? We've had posts from both sides of the trade since day one so what is new there? All I read into it are upset longs holding their bags while complaining they don't have the inside scoop. Guess what? If you have the inside scoop then your trading illegally! Maybe some are and that's why we have increased volume and .0005-.018's within weeks! Good luck to them!
You just answered my question. No current filings = no knowledge of any new notes! Did the CEO tell you "oh by the way; I just issued some toxic notes". LOL! Non-accelerated filers are due 8/14 so GRCU still has time to remain "current"!
Prove it! You said last week you would post a link to the note! Where is this so-called note? History shows there has been notes but they have been far from toxic. Acting CEO/CFO invested $123K +/- and converted notes at .005/share so he is currently losing money on his loans to the company.
My bad! Should have written 1.3mm and not 1.3B!
You misunderstood my post. I posted the same chart you did in an earlier post. Then I posted the pinksheets chart to prove our point that it's outdated information. Go GRCU!
<<<GRCU SUPPRESSED FOR MONTHS! MERGER IMMINENT IMO!SHORT SQUEEZE EPIC>>>
Why only .00X? .0X! Copper then silver depending on level of news and effective short squeeze!
GRCU OFFSHORE AND CANADIAN SHORTS ARE ONGOING AND WILL BE SQUEEZED!
OTC SHORT SQUEEZES CAN BE EPIC!!!!
1.34B SHARES SHORTED LAST WEEK ALONE!
Almost 1/3rd of Friday's volume was shorted! Huge short squeeze coming if volume remains!
The TTDZ RS's had nothing to do with the GRCU takeover. Those RS's were totally unrelated to GRCU! Have you read all of GRCU's filings? I sincerely doubt it but keep posting those great facts! LOL!
LOL! The OS hasn't changed since the companies inception and since they reduced the OS by 300mm shares. Screenshot below shows the OS was 1.63B back on 7/28/2014 or over a year ago! I've posted a link to 2014's 2nd Quarter and first full quarter filing since taking over from TTDZ. Read on and learn!
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=125012
People might sell into the news so if there is news it needs to be very solid! The milestone needs to be completed and not forward looking! In the meantime the markets know something is up!
These fear tactics that come from out of nowhere prove it!
ZERO TOXIC NOTE INFORMATION BELOW! IT'S BS!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116035660
"NO TOXIC NOTES"!BS!
<<<GREEN CURES MERGER AND SHARE REDUCTION IMMINENT!READ PR'S AND FILINGS AND YOU WILL AGREE!>>>
Read my post if you haven't bothered to read the 2014 annual report. If any notes exist then this is how they would be converted moving forward! Of course you don't believe him either!
Show links to the so-called promo! Zero DD or proof! Just words!
You have ZERO DD! Mine is below:
All Notes Issued by Cruz have been converted. Zero toxicity. The conversions are listed below via Annual Report:
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=135071
NOTE 6 – NOTES PAYABLE
During the period ended December 31, 2014, Green Cures, Inc. (the controlling shareholder/related
party) made one loan to the Company.
At December 31, 2014, the Company issued a Convertible Note payable to Green Cures, Inc.; & long term investor for $35,663 plus interest at 5% per annum, accrued monthly, due on or before June 1, 2015. The amount of the note reflects advances from Green Cures, Inc.; & long term investor to the Company from October 2014 to December 2014.
During the period ended September 30, 2014, Green Cures, Inc. (the controlling shareholder/related
party) made one loan to the Company.
At September 30, 2014, the Company issued a Convertible Note payable to Green Cures, Inc.; & long term investor for a corrected and revised amount of $72,499 plus interest at 5% per annum, accrued monthly, due on or before February 1, 2015. The amount of the note reflects advances from Green Cures, Inc.; & long term investor to the Company from July 2014 to September 2014. The principal and interest payable under the Note is convertible into shares of the Company’s common stock, at the option of the Company or the holder, at a per share conversion price of $0.005. Effective February 1, 2015, the Company and Green Cures, Inc. and the investor agreed to an extension of the maturity date of the note from February 1, 2015, to June 1, 2015. In connection with the extension, Green Cures Inc. and the investor agreed that they would not convert any amount of the principal or interest of the note until at least June 1, 2015.
During the period ended June 30, 2014, Green Cures, Inc. (the controlling shareholder/related party)
made two loans to the Company.Page 14 of 25 A nnual Report for Fiscal Year ended December 31, 2014 Green Cures & Botanical Distribution Inc. At June 30, 2014, the Company has a Convertible Note payable to Green Cures, Inc. for $56,126.03, plus interest at 7.5% per annum, accrued monthly, due on demand. The amount of the note reflects advances from Green Cures, Inc., to the Company from Mach 2014 to June 2014. The principal and interest payable under the Note is convertible into shares of the Company’s common stock, at the option of the Company or the holder, at a per share conversion price of $0.005.
At June 30, 2014, the Company has a Convertible Note payable to Green Cures, Inc. for $46,116.16, plus interest at 5% per annum, accrued monthly, due on demand. The note was issued to Green Cures, Inc., in connection with the purchase of certain intangible assets (described above in Note 4). The principal and interest payable under the Note is convertible into shares of the Company’s common stock, at the option of the Company or the holder, at a per share conversion price of $0.005.
NOTE 7 – NOTES CONVERSION
On November 12, 2014, Green Cures, Inc., converted the two notes payable from March 2014 to June 2014, plus all accrued interest, into shares of the Company’s restricted common stock as follows:
7.5% Note:
Total principal and interest: $58,581.55
Shares issuable on conversion: 11,716,310
5% Note:
Total principal and interest: $47,461.32
Shares issuable on conversion: 9,492,264
Total shares issuable: 21,208,574
How do we know Cruz told anyone someone was posting false information? Where is that article? Where is that post on a message board? Tweet or Facebook post? Trust me; we would have seen any promotion by now. We also know who would have used it against the recent move! I don't believe that post and the individual who posted that rumor hasn't been back since! If Cruz were say "a rumor was used for purposes of a pump" then IMO it was an excuse to hide progress so it wouldn't leak beforehand. IMO Cruz is very protective of GRCU. He follows SEC rules and MMJ laws by the letter. He hasn't diluted and he wants to keep the company out of trouble and maintain a healthy reputation. That said; I'm sure money is tight and needs to be spent very carefully. CBD suppliers with quality CBD might be asking premium dollar or huge minimum order commitments from the retailers which Cruz can't currently execute on. Who knows but I'm confident GRCU is moving forward the best they can and market is currently confident as well!
The markets are forward thinking and their is always volume before major moves. GRCU could have much in the pipeline without any news for months! Maybe the attorney working the past due merger has mentioned GRCU to his wealthy friends? Maybe Cruz attended an MJ/MMJ investors conference? Maybe Calkin and Jones are still keeping an eye on GRCU and know something is up and have told all their friends and family? Who the hell knows but the possibilities are endless as to why GRCU is finally moving again! It's obvious the recent LII's, chart indicators and bid support have attracted the technical traders as well. What there exit points are is yet to be seen but I'm hoping we see copper again and then multi-pennies! IT'S HAPPENED BEFORE AND IT WILL HAPPEN AGAIN!
Looking like a great "Friday" for a change! She is moving!