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With 4/20 coming up this weekend, it would be great timing for some good news to get some forward momentum.
Hopefully the dilution is over for the most part, it would be great to see those actual revenue figures. Would be nice to know the company can keep itself afloat and growing on revenues alone. The company IS real and in place in dispensaries in Vegas and has been used by other posters on this board. I'm looking forward to using the system in Hawaii dispensaries, when those systems are functioning.
Even though the company management and board have shown despicable behavior and tripled the authorized and outstanding share counts (which wiped out share holder value) so they could give themselves millions of shares, for "services rendered", effectively putting investor dollars into their own accounts, sucking the share value dry. I still hold... wanna know why?
This one could pop. there is a chance. If the largest share holders (management included) are pushing the pps down on purpose to demoralize the longs and to get the pps to fall as far as possible to increase their own share counts as much as possible, then eventually they could take the money they have already pulled out from the market on this ticker, push it back in and buy up all the shares offered at so low an ask. timed with the right news, it could create quite the run. just saying, that's why I still hold and add now and then, and when I see a coin on the ground, I'm like, "look at all those gohe shares...
did you know cvms changed their name to "crypto cowboys", shortly after announcing the j/v with mtrac.
take advantage. it is obvious they are dumping shares to drive the pps down. load the bid if you want shares in this. I called the downturn and more selloff, expect it to drop into the .003s and possibly .002s.
I seriously doubt the Luna's will allow it to hit .001 though. but if it does, all those notes would convert, flood the market and wipe out the pps.
that's the scary part. the largest holders of this stock could wipe it out in a few days, take the money and run. and do it all over again...
but on the other side of the coin, the mtrac system is functioning, it is in multiple dispensaries, they are receiving trademarks, revenues are beginning to show, and people have actually used the system to pay for marijuana in las Vegas. AND it looks like the business is set to continue for a few more years, hopefully supporting itself off of revenues that are just beginning to show (not more dilution).
If it actually does come to Hawaii and gets into the dispensaries to where I can interact with it, I'll feel much better about being long in this. as it is, the longs have gotten done wrong. (imo)
GLTA~
manipulation plain and simple.
so the disclosure is UGLY. … but...
https://backend.otcmarkets.com/otcapi/company/financial-report/215254/content
revealing all of that info, might be a move toward something bigger ahead...
if the expansion into Oregon and Hawaii isn't simply obtaining licenses to do business in those states, without talks or agreements with dispensaries in those states. (more fluff)
V. Luna promised shareholders she would work toward uplisting, that was the plan for 2019 long ago. As we come up towards 04/20 the timing is perfect for her to turn this thing around, reach some big milestones, and put her name on the win.
if she knocked out a few of the promises (form 10, filing to uplist to qb, reporting much improved revenues) and bought back some shares (at the all time low, but not to the .001 conversions, but if I were her I would buy everything dumped in effort to get it to pass .002), she could become friggin super rich overnight.
as it is investor interest is very low imo. sure hope they have a dispensary in Hawaii in mind, maybe using the system would make me feel better about my tiny investment into this ticker. if I were depending on the managements actions and behavior to determine whether I would recommend this stock, It would be a big NO-GO.
that's pretty much where I've stood for the last year or more...
once I can interact with the system as a customer, and have a good experience, then maybe I will overlook the fact that the management diluted the crap out of the share structure to fill their own pockets with free shares along with financing business operations.
imo the management and board stuffing their pockets with free shares for "services rendered" are the biggest causes of large block selloff and pps downturn. too many hands in the pot grabbing as much as they can as fast as they can, but with the recent resignations, v.luna and j.handcock, stand to get a much bigger piece of the win, if they pump it for 4/20.
only time will tell I guess....
remember when V Luna declined her salary? LOL There was no money to pay her then... yet she has stacked up shares for services rendered the entire time, to the tune of 10.8% ownership of the issued common shares, and 100% ownership of the preferred shares... which means her job is secure as long as she wants it, as she has voting control, second largest shareholder is James Hancock, holding 9.2% of the authorized common shares. still.
6 people (according to the disclosure) hold in total 1,057,978,116 shares out of the 3,299,103,045 outstanding shares. which amounts to about 33% of the o/s and 25% of the authorized shares, and that doesn't count the people who hold just under 5% like Sharon hancock, joseph sebo, Stephen russel, which are the previous gohe management.
the entire pps downturn is their fault, because the dilution went into their pockets for "services rendered". What services? being greedy and lazy, and working to reduce your own companies price per share?
I'm willing to bet that as soon as they report revenues, v. luna is gonna hive herself a healthy bonus and paycheck, even though she stacked shares and diluted the pps the whole time.
I see a super plunge coming for this ticker. too many conversions set to happen at .001 and restricted shares passing their maturity date...
the false bottom the MM's are trying to create in the .0044ish channel will plummet as soon as they start dumping their free shares onto the market...
services rendered.... frik what a joke....
the disclosure doesn't say that he resigned along with stormy, although the 5 million shares he received on October 18 2018 were "restricted" shares, meaning they have a holding period before they can be sold on the market. Generally that is a one year period, but there are circumstances that can allow him to sell his shares early if there is a buyout, and he is terminated by the buying company.
I expect he will be in the picture until he can sell his shares. they have already begun working on the disclosures, and "current" information, so that they can sell the shares before the year term expires.
this is all my opinion... of course...
according to the disclosure Stormy Simon, Aaron Adler, and Brandon Robinson are all previous directors and have all resigned since Dec31, 2018, with Stormy Simon resigning on March 1, 2019.
This is a sinking ship imo
Stormy Simon resigned 03/01/2019
Director Erda, UT 80,000,000 Common 2.5% Past Director resigned on March 1, 2019
remember when Luna returned shares to the treasury? well, they didn't mention that on the same day she returned those 76,500,000 shares, she issued herself 69,000,000 shares which are still hers... for her services rendered... lol...
Dec 2018
Returned to Treasury 76,500,000
Preferred Series A
.01 Yes
Vanessa Luna
NA N/A N/A
Dec 2018
Issuance
69,000,000
Preferred Series B
.01 Yes
Vanessa Luna
Services Rendered
Restricted N/A
10/18/2018
Issuance
5,000,000
Common .01 Yes
Austin Simon
Employment Agreement
uh oh, danger will robinson.
7) Officers, Directors, and Control Persons
Name of Officer/Directo r and Control Person
Affiliation with Company (e.g. Officer/Director/Owne r of more than 5%)
Residential Address (City / State Only)
Number of shares owned
Share type/class
Ownership Percentage of Class Outstanding
Note
Vanessa Luna
Officer/Director San Diego, CA
336,000,000 Common 10.8%
Vanessa Luna
Officer Director San Diego, CA
69,000,000 Preferred Series B
100%
David Flores Officer/Director Las Vegas, NV
78,249,990 Common 2.5%
Stormy Simon
Director Erda, UT 80,000,000 Common 2.5% Past Director resigned on March 1, 2019 Aaron Adler Officer/Director San Diego, CA 78,500,000 Common 2.5% Past Director resigned on December 31, 2018 Brandon Robinson Owner of More than 5% of Outstanding Duson, Louisiana 196,290,322 Common 6.2% Past Director resigned on December 31, 2018 James Hancock Owner of More than 5% of Outstanding San Diego, CA 288,937,804 Common 9.2%
LOOKS LIKE STORMY JUMPED SHIP.
most recent disclosure says:
New Exclusive Licensing Agreement: On December 17, 2018 the Unified Agreement was cancelled and replaced by a new 5-year exclusive license agreement (the “Current Exclusive License”). Under the terms of this agreement GreenBox waived all future licensing fees for the remaining 4-year term. Rate splits were redefined with MTrac retaining 50% of rate splits above buy rate and including performance metrics we have the exclusive right to market the Current Platform to High Risk cannabis merchants in North America and to license the Current Platform to non-high risk merchant on a nonexclusive basis.
new post 04/01/2019!!!!!!!
https://backend.otcmarkets.com/otcapi/company/financial-report/215254/content
Gohe execs be like.... you expected us to file on time? Ha Ha April fools day! fools...
In the meantime, the Company fully intends to file its annual disclosure to comply with OTC Market requirements by the scheduled deadline of March 30, 2019.
FROM THE UPDATE ON THE FORM 10 PR
don't get me wrong, I'm excited to see the system in place in Hawaii as it is my home state. please inform of the Hawaii m-trac enabled dispensary name so that I can go check it out.
what are the dispensary names? until I can go to a dispensary and see the system in place and operating I just don't give any credibility to this companies pr.
federal legalization will destroy them. the big payment processing companies will move in and crush moneytrac. the big companies would develop a seed to sale tracking/ compliance system, better than moneytracs in under a month (imo) and then moneytrac (gohe)will default and the execs will disappear will all the funding (millions)
within a few months after that, they will find a new "buzzword" to capitalize on and start another "company" to capitalize on that sector.
right now federal scheduling is keeping the big companies on the sidelines... fed gets out of the way and it will happen fast.
and I doubt ole trump isn't planning on capitalizing somehow on legalization. I bet it will happen before the end of his run in office.
everyone has heard warren buffet...
there is no casino in Hawaii.
I'm actually excited for the month to pass by, to see if they actually do as they "intend", or as they say they intend to do.
holding gohe just feels like the commercial where the old guy has the fishing pole with the dollar on the line and the girl keeps grabbing for it as he jerks it away, laughs and says, "gotta be faster than that"...
and don't talk of patience to me..., I've been more than patient with this management team, and even the previous "team", as I AM long.
I just have a saying... "fool me once, shame on you, fool me twice, shame on me." and that's where I am with Gohe (moneytrac). they have fooled us all multiple times by saying this is coming or that is expected, yada yada, only to fail to show any results. and I'm just tired of THE LIP SERVICE.
I BELIEVE IN THE IDEA OF THIS COMPANY, just been waiting for it to show some sort of proof that it is a REAL COMPANY for a LONG time now. There have been many changes of direction instead of completed goals, in this company's history.
that's what patience looks like, even knowing all of that, I still hold...
take a good look.
GLTA~
"INTENDS" TO FILE.....
fingers crossed for the next few weeks....
GLTA~
thank you that was very helpful
I stand corrected. my math stinks
lol. so predictable...
test cycle complete... so sorry I seemed to kill the action in the last couple hours. threw up a high bid (.0053) just to see if it would get filled. but it didn't, so I got out of the way, it will probably drop now.
just trying to see if the MM's are playing games.
seems like they are.... don't believe in coincidence.
glta~
yeah B, I feel ya, somethings up between GHOE and GRBX I believe. I think something big is coming soon between them, maybe end of march, or june maybe.
I think the location they share with GRBX, which houses 0 gohe employees, says a lot about the true relationship between these two companies.
why pay for a location and then not house any employees in it?
might also explain why they haven't coughed up those audit reports yet, because the audit reports will give a much clearer picture, than what we have based on the pr's. and I have said from the beginning that they have been using, and remained in the pinks because it allows them to be so NONTRANSPARENT. (which is WHY uplisting still hasn't happened, and probably won't at this point)
still hoping for a miracle here also, but who knows, with THIS management team sheesh... G.HOE!
running test...
will inform of findings...
GLTA~
GHOE! it's funny you hope for newbies to invest in this scam stock....
that speaks volumes about ya!
probably because anyone who has been doing this for some time, will stay way away from this one...
the only sheeple who are easy to fool and scam are newbies...
You just gave yourself away... totally...
LMAO!~
Hope your trip went well, did you find out anything about Gohe while in Vegas?
I'd love Luna to prove me wrong, and actually COMPLETE SOMETHING besides increasing the authorized and o/s share counts.
I didn't waste the time to follow your link to the other stock you were trying to increase awareness of, on THIS board, because I don't follow spam.
something corrupt did happen in VEGAS,(like selling a public company privately) and some one (many of us) got screwed when Hancock and previous management jumped ship and just handed the company over to Luna and her Hubby. and then retired?
no one gives away a company for free and just walks away... no one.
(unless the "company" was a worthless scam to begin with)
best of luck to all concerned~
And honestly I would change my tune IF, V.Luna would actually COMPLETE SOMETHING, and have said I would be a huge supporter, and actually have many friends who would buy once I recommend it, but I care about my friends and don't want them to lose, and I don't want to be ashamed for recommending THIS stock when it continues to drop.
so wait.... we don't have freedom of speech? we cant speak our opinions?
what is this board for again...? only saying "hopeful" things about this company who struggles to even meet even one self imposed deadline or PRoposed timeframe, or cant even manage to report even a thousand dollars revenue...?
wait, what about all the j/v's that have been announced by this company for years now, when absolutely none have come to any sort of point where they will generate any revenue what so ever.... "remember potsaver?" (what ever happened to THAT immediate revenue stream?
You can't win a lawsuit against someone for speaking their mind, when everything I say lines up exactly with what the disclosures say, and everything I say is backed up with evidence like revenue reports and the company management's own behavior.
If I was lying like the company CEO does, then maybe all I would have to do then is insert the "forward looking statement disclosure" to shield myself from any "wrongdoing". so here... just incase anyone hasn't seen it.
what it really says is, "DON'T BELIEVE A WORD THE COMPANY EXECS SAY".
FORWARD LOOKING STATEMENTS: This Report contains forward-looking statements. To the extent that any statements made in this report contain information that is not historical, these statements are essentially forward-looking. Forward- looking statements can be identified by the use of words such as “expects”, “plans”, “may,”, “anticipates”, “believes”, “should”, “intends”, “estimates”, and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, marketability of our products; legal and regulatory risks associated with the share exchange our ability to raise additional capital to finance our activities; the effectiveness, profitability and; the future trading of our common stock; our ability to operate as a public company; our ability to protect our proprietary information; general economic and business conditions; the volatility of our operating results and financial condition; our ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed from time to time in our filings with the OTC Markets (the “OTC”), or otherwise. Information regarding market and industry statistics contained in this report is included based on information available to us that we believe is accurate. It is generally based on industry and other publications that are not produced for purposes of securities offerings or economic analysis. Forecasts and other forward- looking information obtained from these sources are subject to the same qualifications and the additional uncertainties accompanying any estimates of future market size, revenue and market acceptance of products and services. We do not undertake any obligation to publicly update any forward-looking statements. As a result, investors should not place undue reliance on these forward-looking statements.
I have it showing down from .007 to .004 to .006 and now going back down to? .0052 so far. over 2 months, which is a continuing trend from the two months before that. this movement can only benefit a flipper. I'm guessing that it will head into the .004s again soon and maybe even to .0038s next week. stay tuned to the Shute show.
here it is March. soon filings are due. will be an interesting month.
GLTA~
Another thing I have noticed is that when Hancock was CEO and the company was under performing, they used to regularly file these:
05/03/2018
Attorney Letter with Respect to Current Information - Attorney Letter with Respect to Current Information
But under Luna, these don't happen anymore, hope they don't lose their current status..... O.o
that's all the longs need. frik
just to clarify, the recent addition to the o/s of 1 million shares @ .005 gave the company management 50,000$$$...,(this month) just saying...
this stock cannot continue to support an increasing o/s without losing share value. If they continue this behavior, and don't show significant improvement in managements ability to be honest and accurate with what they say, then the pps is just going to keep trickling down to worthless. While the MM's continue to flip half million blocks for .0004 gain? I mean C'mon. They need to prove they actually have been working to establish themselves with actual revenues reports and working toward uplisting with "the 2yrs audit results"...(LOL) and filing for the uplist.
At this point I REALLY DON'T BELIEVE A WORD THEY (management and PRs) SAY, because nothing this company has ever said in the TEN YEARS it has existed, has ever come to fruition, it has always showed either loss, or minimal gain (as in under one thousand), and did only what was required to remain on the pink market, and remain able to sell shares. When they show loss for a few years, they change names and start all over.
It is my opinion that previous management defrauded investors as much as they could "through the idea of forward looking statements", revolving around the idea of "cryptocurrency" and "PIBCO" (remember M-TOKEN?) before jumping ship and selling the company to the Luna's, through a private sale when they went to Vegas.
I had a feeling that we (retail shareholders) got screwed when it all started happening… management all started leaving, and then Luna became CEO, and the share price has fallen ever since, while the o/s has just kept on increasing.
something fishy here.... peee yew.
O/s count increased by a trickle, but I'm betting it will hit the 3,500,000,000 point by 3/30/19, as it is almost 3,300,000,000 now, up from below 3billion just before the end of 2018.
Super diluted this has become. the company management needs to clean up the share structure, badly, and not just keep adding to the o/s. Anyone's guess if the management actually cares about the ever falling pps, and if they will even try to raise their share price and how, by buying back shares, performing a reverse split, or just fully dilute to the full max 4billion shares (possibly to get another increase to the authorized count).
In order to repair the damage they have done by tapping the company ATM out, something major needs to happen, and I just don't see the quality of leadership in this company, being able to right this ship.
the GOHE boat is seriously upside down under water...
Um, new tax law states that entertainment is no longer deductible...
hope the tickets to that game weren't on the books as work expense.
no more wining and dining potential clients, well, still can, just not deductible as expense anymore... frik...
I'm betting that we don't hear anything from the company until end of march.
but then maybe if they come through with those reports and don't r/s before uplist, rather share buyback instead to push the pps up to .01 they can uplist to the qb and it will really run. but that is if they have a real revenue stream to report, which they haven't been able to produce for years now. odds are more in favor that they will not come through, based on their track record.
will be an interesting next few months imo….
"All for show". for them to constantly show operating losses, (tax scam), and continue to "fund" their operations via DILUTING THE SHARE STRUCTURE (funding scam) which is obviously the company management WORKING AGAINST THE SHAREHOLDERS, they need to show these costs (leases etc) as a way to "look like" a legit business.
in the last few months the company has pulled money out of the stock market to the amount of hundreds of thousands of dollars, it would be nothing for them to pay a few leases in order for them to continue the scam as long as possible.
I mean pay 8k a month in leases, in order to pull 200k a month from the market in funding via additions to the o/s? seems like a sure win, especially when we the shareholders aren't even holding them accountable.
I'm just waiting for them to dump and run... which should happen in the next couple months at this rate...
GRBX is able to show 0 operating costs because GOHE (moneytrac) has been paying the bills like the lease. (imo)
go to otc markets for both companies and read the disclosures...
https://www.otcmarkets.com/stock/GOHE/disclosure
This is the short version of it. they share the same address...(The Company [GOHE] operates a second location in San Diego at 2305 Historic Decatur Rd. #100 San Diego, CA 92106 which serves as the Executive Offices for the Company due to its proximity to the GreenBox POS, LLC corporate office location. The lease is on a month-to-month term for a monthly lease amount of $2,500 )
it is the same address. same suite# everything.
I BELIEVE SOMETHING BIG IS ON THE HORIZON FOR THESE TWO COMPANIES. for better or worse something is coming...
(I own a little bit of gohe, but no grbx yet, could have got in at .02-.03, but fence sat and missed the run, if it dips into the pennies I will grab some this time, but I know it is doubtful to go that low)
best regards... Transcend~
As of June 25, 2018, the Company’s main office is located at 1835 Sunset Cliffs Blvd. Ste. 202 San Diego, CA 92107. In addition to serving as the Company’s recognized corporate headquarters, this office also serves as the Company’s sales and marketing hub for all merchant sales located throughout Southern California. Currently this office is home to 11 of the Company’s employees. The lease is on a month-to-month term for a monthly lease amount of $1,835.95.
The Company operates a second location in San Diego at 2305 Historic Decatur Rd. #100 San Diego, CA 92106 which serves as the Executive Offices for the Company due to its proximity to the GreenBox POS, LLC corporate office location. The lease is on a month-to-month term for a monthly lease amount of $2,500
The Company also operates a Nevada office located at 5333 S. Arville St. #206 Las Vegas, NV 89118. This office serves as the Company’s sales and marketing, and customer service hub for all merchant sales outside of the Southern California region, in addition to serving as the intended home for the Company’s future customer support call center and is also the registered address for MTrac Tech Corporation. Currently this office is home to 3 of the Company’s employees. The Company is currently under lease agreement through April 30, 2020. The monthly lease amount through the remainder of 2018 is at a rate of $1,677.00 and will increase to $1,760.85 as of January 31, 2019, and to $1,848.89 as of January 31, 2020
please do us a favor and verify they actually have an office, in which people are working.... make sure it isn't closed or empty. Also if you could, stop by one of the mtrac enabled vendors (dispensary) and try to use the system. then let us know. please and thanks, and best of luck to you on your trip, may the tables pay better than gohe for you...
I have been keeping tabs on the dispensaries in Hawaii, to see when the mtrac system will be available for me to touch and interact with, nothing so far, but as soon as I see it, I'll report those findings also.
Glta~