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Geez.. I bet management converted their accrued payroll expenses into shares at quarter end. They have great products and the pending EPA news would have been huge... No idea what they are doing.
They have 504 million outstanding, not sure on the float.
The products are great, but managements silence is unacceptable!
Sponges are great! I get them from Homedepot.com shipped directly to my local HD.
same here... let it run!
If you want to sell don't put up huge sell blocks... it kills the runs. trading fees are so cheap, break your sell orders up and let her run.
Merida and the 3 cofounders of green lotus make up almost all of the debt.
Carlos’s instagram. Charly_420
Carlos posted today that he is no longer the ceo of green lotus. Brian moon is now ceo
They got it from the first package as well. So they will likely get it from this one as well.
Time will tell, but it held up better than I expected today. With this SEC filing I'd expect a PR in the near future to outline what happened/going to happen next.
Maybe another reverse merger to bring one of their portfolio companies public
I guess it depends on the bankruptcy deal with their lender(s), most likely just Merida Cap. Will the common get completely wipeout or not?
Bankruptcy
Explains why they’ve been soo quiet
My guess is this is tax loss selling.
I don't know, but someone wants out... I bought another 25K at .015
maybe.. who knows... I don't think Merida is bailing and Carlos is definitely not bailing at these prices.
I thought about it but I’d be more mad if it ran than if I lost the rest of my money...
I hold 8.5 mil shares
GRLB is supplying CBD life with the CBD for their products that are imported into Mexico.
GRLB also supplies the cbd for RMHB drinks that are imported into Mexico
If the distribution channels are already in place, adding a THC line shouldn't be that difficult. Plus Merida has a lot of portfolio companies that can help GRLB succeed in these areas.
That would be nice! From when they were reporting it looked like they were trending to be profitable and/or cash flow positive around this time.
You would think that Carlos would defend the stock since he sold his company for all shares...
I believe it will come back at some point, but wow what a brutal year
Did he say if he prints a lot of shirts for this program?
A co-worker of mine just joined the recurring order program. They’ve tried a number of other CBD brands, but non were as effective as Green Lotus’s topical cream.
Yeah, I guess it's just moving with all the other marijuana stocks
Is there news?
Did that company share price have a pop on becoming current?
maybe... high volume dumping on the bid... 1.55 mil shares traded so far
Looks like someone just had enough of the silence and bailed...
I agree with you, but I still think Merida is calling all the shots
I'd imagine Merida has a say/control in what the company discloses.
I don't think we'll see any news until they bring the financials current.
GRLB will rise again... CBIIF and VREOF are other Merida investments and they're coming to life. GRLB will start to rise when their financials become current...
I'm continuing to add at these levels
I don't think it's bad news... volume is too low. I believe it's just people becoming impatient and bailing. COVID isn't going away anytime soon. So when their product gets EPA approval it'll be a huge catalyst for the stock.
Patiently waiting and adding to my position.
I agree. I've seen a number of tickers jump for little to no reason, but this one seems to just stay down. I believe this one will run some day... just have to be in it when it does.
Hey Jimmy- Hope all is well! Thanks for the private message. I'm still in and increased my share count quite a bit after the RS.
Patiently waiting!
We're waiting on financials and an EPA update.
I haven't heard or read anything further.
an increase in price and volume this late in the day/week is interest...
I agree with you, this story is far from over.
I've been bid sitting here and there to add to my holdings!
Was last month's shares count around 593 Mil. I can't remember.
I'd expect the other missing reports will be filed shortly...
I'll take that share price range... I believe it can get there with the news coming down the pipe...
It does. Can’t wait to see that EPA approval come across the wire.
Not a big deal... we'll need a lot more volume to push it up past a penny anyways.