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GRNL, $GRNL, $$$GRNL !!!
GRNL 0.135 !!!
holy volume today! And a nice bid!!
$grnl awaking from the slumber! wave3 is upon us!!
ss unchanged since Chaing took over:
7,211,671 (7/26/2019)
10,000,000
1,441,601 float
Unbelievable ss if you ask me. not to mention no debt on books. this is a ultra-clean shell that will see its day soon imho. buy now and you'll see! glta
agree! especially now that chaing's other play $cn_hc is starting to get some attention lately...any news or court docs will send us. I smell dollar-land!
$GRNL
$snmn .0010 !!! blowing up before its pr drops per company tweet this morning!
over $132,380 in dollar volume traded today so far! day's not even done yet AND imagine what will happen when national pr is dropped...
i'm happily holding here. patience is Key
Greatest chart I've ever seen!!!
$GRNL Long to DollarLand!
Status Report should appear any day now (3months after order was entered on 4/11), which will give us all the info on activities performed by Chiang while custodian and potentially close out at the same time. Things should start to heat up here very soon imho.
$grnl
GRNL 8-k filed today showing new official CEO Richard Chiang. Level2 looking good for a run--thin to upside.
Only 2.51mil OS on this one, shares are hard to come by! glta!
8-k filing today, $GRNL, new CEO and turnaround for company. Tremendously small SS:
2.5mil OS
10mil AS
paper-thin l2--will move fast on r/m news! Glta!
GRNL 8-k filing today! New CEO Richard Chiang now official.
OS: 2.51mil
As: 10mil
$GRNL 8-k filing just hit today. New CEO!
SS & Float is unbelievable small:
2.51mil OS
10mil AS (confirmed NVSOS)
Glta on this Custodianship/Reverse Merger play!
GRNL 8-k filing just hit! New CEO Richard Chiang now official.
OS: 2.51mil
As: 10mil
GRNL 8-k filing just hit! New CEO Richard Chiang now official.
OS: 2.51mil
As: 10mil
8-K filing out! New CEO: Richard Chiang. Company is finally alive again and prepping for a big time reverse merger.
https://www.otcmarkets.com/filing/html?id=13442258&guid=YOgyUqxrs0zHk3h
$GRNL 2.5mil Float. Custodianship play--things are starting to heat up on L2 with otcx joining the bid! Chart screams wave3 is upon us. Glta
$$$GRNL
If you trade pennies that run to dollars check out $GRNL--SS has the potential for dollarland imho. Do your own DD!
$GRNL Heating Up! Ultra low-floater about to fly!
our charter to do business has been Revoked. company owes $6,150 to the state of nevada currently. with no assets I doubt we will ever see this company alive again. Plus the papers have been filed with SEC to increase AS to 700mil...
management has been treating us like garbage since the beginning, waiting for the dump any day now smh
Bid starting to creep up & grow. we even have OTCX on the bid too (and not on the ask side). Me thinks things will heat up soon for $GRNL
Chiang filed an amendment last week on 4/29/2019 per NVSOS website (Link) This is the same thing he did with Pharmos a week before filing the 8k and updating OTCM profile. Means he's one step closer to completing the reverse merger...can't believe this went unnoticed by the market.
GRNL is currently the most undervalued by market cap compared to Chiang's other plays. Next closest is CN_HC and PA_RS with $1.2mil and $1.5MIl respectively.
And GRNL is the Crown Jewel of Richard Chiang's shell chest: best SS by far, plenty of unused AS for new company to utilize without need for r/s, and GRNL has virtually no bad debts/liabilities compared to the others that are many millions in the hole from previous management.
Typically abandoned shells are very dirty with old liabilities and pending lawsuits/SEC complaints, etc. but grnl is cleaner than a nun's police record, and will sell much faster than his other shells and perhaps to a better merging company.
Things are starting to get active with traders speculating before the 8-k filing. Anyone who knows Chiang as a custodian knows that almost like clockwork he reinstates the company with the NVSOS first, then files an 8-k and updates the OTCM page, and then comes the reverse merger with new company.
Everyone knows the 8-k gets a nice pop from the traders who monitor SEC's Edgar database/OTCM's disclosure section, and that's why things are starting to heat up. First the spread tightens, eventually people start to buy then the volume attracts more traders and we move Up. And once the R/M is announced...it's in another stratosphere.
Plenty of upside from here.Patience is key but 8k filing should come any day now. Last chance to get the sub $1mil market cap shares.
New All-Time High GRNL !!!
GRNL Reinstated last Friday by custodian Richard Chiang
GRNL Reinstated Friday Custodianship play with phenomenal SS!!
Next stop 8-k SEC filing by Chiang announcing new changes
$grnl
$GRNL Reinstated and now ACTIVE on nvsos page:
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=kP1PZa69N71f%252bBcrlQ9XdA%253d%253d&nt7=0
spread tightening!
bid getting bigger. looking good GRNL :)))
$GRNL .059
Custodianship order granted last week. Super clean shell, with amazing SS and low float. Severely undervalued right now. Last chance to get in before reinstatement and current status!
True, but Chiang will probably work on his earlier custodian $GR_NL, which was granted about a week ago.
This one IMHO is the crown jewel of Chiang's shell collection.
$XHUA has a maxed out OS of ~499mil with a 500mil AS, and this one, Greenlite Ventures, has only 2.51mil OS, with 10mil AS--meaning no need for a R/S or massive AS increase when he finds a merger candidate. Also Greenlite is severely undervalued right now compared to Chiang's other ones: it has a market cap of only $150,700 presently. $XHUA's market cap is currently sitting around $1.15 Million. And Chiang sold his last one DE_VM for $225,000 alone...take your pick but I like my odds with GR_NL over this one. Do your own DD, glta!
Exited today, may go higher but I'm happy with my return, especially on a delinquent SEC filer
Solid trading today. The R/M will be sweet!
$ADSV
sure,
Previously $GRNL was a development-stage company; the company's business model failed to generate any rev/earnings, and was subsequently abandoned by it's management around ~2013/2014.
However, the company had very little debt on its balance sheet and almost right before it was abandoned the company completed a reverse split. Hence, why it has such a great SS and low-float today. The combination of these two aspects made it very appealing to a shell broker/reverse merger consultant.
On Feb 21, 2019, Richard Chiang (dba Corporate Compliance, LLC) applied for custodianship of the company in a Nevada court. His intentions are to: reinstate the company's charter, pay back all fees owed by the company to the state, pay the TA past due fees, and add value to GRNL by means of a reverse merger transaction--where a formerly private company merges with the newly cleaned up shell, and becomes the surviving entity associated with the stock.
The court hearing was on April 11, 2019 and the order was Granted.
What usually follows is: reinstatement on NVSOS page, filing of an 8-k announcing that Chiang is now running the company, he cleans up the shell and then finds a suitable business to merge into it. Chiang has previously done this exact same thing with:
$DE_VM (formerly LC_TZ before the merger) where he merged a real estate development company with the newly clean shell.
$CN_HC where he has already cleaned up the shell, and supposedly--the rumor is--he's identified the merger candidate and is nearing completion of the deal.
Basically, what happens in all these custodianship/reverse merger deals is that a previously dormant or shell company (with no business opps., virtually no assets, etc.) merges with a legitimate company that's currently doing business as a private company, but now wants to become public. Therefore, a formerly worthless shell stock now becomes the stock of this new entity that is generating revenues, has a solid business plan, team of management, etc. And that's why the rapid PPS ensues if you check the charts of the two tickers mentioned above...the trick is: getting in before the deal becomes finalized, is reinstated with the SOS, etc. And Chiang moves quick.
Hope this helps, lmk if you have any more questions. Gltu and go $GRNL
Yes I know the details, followed that one very closely.
I'm not sure exactly what you're asking in your post, but say it in a different way and I'm sure I could give you a good answer. Cheers.
Much more goodness to come our way! Things will get crazy on the ride up!!
$GRNL Long!
It will be.
Custodian has a solid track record for getting appointed as custodian, reinstating the company very quickly, getting the company current with filings, and merging the shell with a private company.
Look at his old custodianship plays:
DE_VM started out with a market cap of $125k before custodianship filing, now it sits around $7mil in market cap; the 'stop sign' was removed and now is Pink Current, and active with NVSOS.
...to put that in comparison, DE_VM was a super dirty shell with over $20million in bad debt on the books, and an OS of 51mil.
$GRNL has less that $270k in debt, and an OS of just 2.51mil. $GRNL's Market Cap is currently sitting at $150k...Chiang sells these shells for around 250k alone, so worst case scenario you're looking at a +66% gain. On the optimistic side, iff it reaches anywhere near $7mil in market cap like de_vm we're talking multiple dollars PPS.
chaing's other custodian $CN_HC currently has a mc of $1.25mil, which still puts us at a 10-Bagger from where we're at today...patience is key. grab the cheapies while they last!
that will change very very soon! $$$grnl