selling pressure is exhausted for now

what will come first? medical product in LA. OR a 1/20 RSS

Every Cannabis stock is under selling pressure. Everyone who sold today lost money. The old white duds that run this country want Cannabis to fail They make more money arresting black folk, keeps the jails full and money in the lawyers pockets.

Shaark,

Why do you post here? Are you a holder of this company?

Silver,

No shock here. It's the only way to compensate their people. They exercise at 10 cents ant sell their shares if they want to. What are the total warrants outstanding with a higher exercise price. The average daily volume has been 300-500 K. trending down. small lots selling.


If the insiders have no confidence this will accelerate the selling pressure.

GBLX has 2 months to turn this around or it's bust.

Question??? Are the negative posters long holders or short holders or bitter ex holders that lost money. Or maybe just trying to save newbies from losing money? A lot of time is spent posting negative thoughts here.

If you hate this company sell and invest in a blue chip with earnings. ALL penny stock companies burn cash like firewood is anyone surprised?

https://gbsglobalbiopharma.com/

The reason companies like this don't sell out. THEY HAVE A license to print MONEY and keep themselves on the payroll! The stock markets need to reform the entrance to these markets and make managements take share of stock as pay. To many small investor are being ripped off!

The stock symbol does not matter. ALL of these pennies have a common denominator. NO earnings, cash poor, continual dilution.... There all the same folks. if your a really good trader you might make money? Otherwise you end up on these sites spewing bitter comments. They are all the same. Lottery tickets and a tax on the Poor.

Monica Poss


CFO at GBS Global Biopharma, Inc.
Austin, Texas

GBS Global Biopharma, Inc.

Stanford University Graduate School of Business


Ms. Poss currently works in the legal cannabis and biopharma industries focusing on acquisitions, licensing, partnerships and financial planning. Monica Poss began her career on Wall St. spending 6 years in corporate finance, mergers and acquisitions. After receiving her MBA from Stanford University, .




CFO
Company Name
GBS Global Biopharma, Inc.
Dates Employed
Mar 2019 – Present
Employment Duration
3 mos
Location
Toronto, Ontario
Clinical cannabis research and development.

The Key is Federal law... If that issue was resolved and we could cross borders GB might have a chance. Is with all these companies!

We still need a much larger process/revenue stream to get the net up to 50 million

Maturation can take anywhere from 2-4 months, depending on growth conditions and strain.

I guess that means 8-10 million net.

So what does 600 lights net per year, $10,000,000 ?

https://www.thenewsstar.com/story/news/local/2015/06/29/flagship-likely-cultivate-pot-lsu-agcenter/29462955/

The longer the LA. dept. of agriculture stalls the less money they need to spend on testing product. My guess is they don't have the money or the will and just keep making excuses. Sad if your a patient waiting for "LEGAL" Cannabis.

https://www.nola.com/politics/2016/04/medical_marijuana_growing_cost.html

Follow the money, there was a phone call made and he did an about face.

Not hard to figure out what's going on here.

During the year ended March 31, 2018, the Company entered into a consulting contract with Monica Poss, a relative of one of the Company's executives. Per the terms of the agreement, Ms. Poss was to provide GB Sciences with advisory services. The Company made payments of $32,626 and issued 46,706 shares of our common stock at an expense of $11,473 relating to services provided during the twelve months ended March 31, 2018.

This is bull shit and would never fly any where else!

Shaark,

Unfortunately we the "Small People" as stated by the CEO of BP after the spill are looking for a grand slam. I did ok with PayPal, Twitter, and Verizon last year but these companies won't pull a 5 bagger. That's why we keep buying lottery tickets! "Tax on the stupid" and I'm one of them.

Anybody who has ever been involved with startups and read through 10K's know it won't be pretty.

The key is always discovery, market acceptance, and monetization. THATS IT.

Many pink sheet companies only interest is to come up with an "Pilot Idea"
Hire Pumpers, friends, and family. Then they constantly reward themselves at investors ( Not day Traders) expense.

I don't see GB Science yet doing these things but regardless time is the enemy leading to dilution without cash flow.

Bear,

Take a look at Louisiana, They are ranked 50th in states prepared to weather a recession! -15% reserve, not a very business friendly state.

Next Technical High will be .45 in next 90 days.

whos' selling 500 shares down here? why not wait ? $ 70 dollars wont change your life!

Another issue is with Trump in the white house and his AG picks we have lass then a 25% chance they will de criminalize cannabis. Maybe in 2020?

Investors - GB Sciences
https://gbsciences.com/investors

At GB Sciences, we have two equally important constituencies–the patients who need what we do, and the investors that support what we do. Without the latter, we could not help the former.

Without an improved stock price all we have is Day traders driving us to ZERO

You want real investors we need product to sell to cover costs.

Why won't they get into recreational? We need cash flow NOW!

What a shame, we have a good product and can't find away forward without screwing shareholders.

we need a much larger company to acquire GB. I doubt it will happen.

Where will the LA plants be converted to medical product? Are we doing it in house or hiring another company?????

This stock trades like it's ground hog day. These are the bad days of winter. Feels like it's been going down for a year. who the hell is buying and selling at these levels? maybe day traders?

Reverse stock splits suck. Never turn out well.

GB Science needs to merge with a stronger partner. All the pot stocks are under major Pressure.