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A $60M Bond Issue Default by Costello and Hawkins.
I spoke to an attorney today and Costellos' group defaulted on a $60m Dollar bond issue. Costello defaulted on these guys and they are not happy and they are preparing a legal action against GRNF. One can get away with stock, but they cant get away with debt in a bond. Costello is Fu**ked now.
Is Costello on suicide watch yet?
One would think that this Costello scammer would be on suicide watch in that he senses by now that he is going to jail since this is being criminally investigated. Maybe the local authorities in Bellevue should be tipped off to monitor him and take him in to their facility. Allot of people who know that they are going to be doing time with hardened criminals "off" themselves ahead of time and he seems like the kind of person who would.
He must not be a very good stock trader.
With Meckley’s $4,000,000 and CAAN's $2,000,000 (I believe that to be around the figure)....$6,000,000 that we know about, and who knows how many others of millions of dollars we do not know about, the money all seems to be just pis++sed away? Poof, gone! He did get a super car out of it though. Does he own a jet or anything like some of the type of toys these big cheats purchase? I wonder what other types of assets he purchased with OPM?
This Costello is really dangerous.
Wow, this really is amateur hour with this young, ignorant CEO. He just tipped the moving party to one of his defense strategies. He is telling the prosecuting party that basically they forgot to add GRND Corp into the complaint. Well guess what, in about 5 minutes some readers here to this board will send the attorneys on record who filed this complaint to amend the complaint and add party: GRNF Corp including both the one registered in Washington and the other listing in Oregon. Well that was easily fixed from the legal side.
But this message from this CEO is really sad and revealing. He totally ignored the fact that this entire problem is a direct result from Justin lying to this client (and all of his shareholders and clients). He should have just apologized that he lied about his stay at Harvard, he being a billionaire, he being in Iraq and he selling on behalf of Halliburton. This is not a normal person we are dealing with here; this JC is a very sick man. He is a sociopath and a Narcissist. He is like Bernie Madoff who up to this day will never admit he was a crook or did anything wrong. Well Justin Costello is identical, everything about him is a lie and this stems from him either being really insecure about himself or him just being a straight-out crooked bas+tard. In fact anyone who has every bought GRNF Stock from him or invested in him has a legal liability as against him if those choose. This guy really needs to be locked up for a couple of years because he is really dangerous.
That is Meckley’s McLaren!!!!!!
After reading that complaint the timeline puts the Meckley’s investment of their $4,000,000 greenbacks right in the same timeline when this pinhead CEO crook purchased the McLlaren! Now we know how this louse got the money to purchase his super motor car. Claw backs are going to be a be-otch!
When do the prosecutors come knocking on this disastrous CEO?
Will they impound his McClaren and sell it at a Marshall's auction? What do you believe the car will sell for and when?
Simply a race to the bottom.
Unfortunately Costello's' track record shows clearly that everything he touches goes into dust. Please point to an accomplishment by this conman? He will also fail on his new marriage. He is like that cartoon character in the Peanut Gang with the rain cloud hanging over his head wherever he goes. But this is all the result of cheating, lying, deceit and greed.
Yes, there are maybe two government agencies investigating Costello minimum, one a state agency the other a federal agency and yes...I believe at least one subpoena has been issued so far maybe more. And a number of criminal complaints have been filed by individuals to the proper agencies related to Costello and at least 15 whistle blowers have blown the whistle to the SEC regarding Costello and GRN. Give it time, they move slow but its moving.
It will be a complete miracle if Costello stays out of jail within the next 12 months. Justice moves slow but it moves. This clown owes people allot of money and his problems are not going away anytime soon.
Have any of you investors ever met Chaz and his group of slobs? Really have any of you promoting this toilet paper of a company ever sat down with these flakes for a few moments? They are absolutely useless slobs. The old man who died got taken by these clowns, promised the moon and got poppy cock in return after these years. They never had a chance. Never have they proved out there lost machine which was suppose to make diamonds out of carbon. It supposedly was at MIT and it disappeared or no one could pay to get it out of storage and then they brought in another HTHP machine which none of them had the actual legal rights to and hustled investors with that out of money and those people still have legal rights to any profits out of that technology. If this would have taken off then there would have been so many lawsuits over the HTHP machine that they would have never been able to get through the injunctions. Walk away and count your blessings that you never spend another minute or dollar on CTDT as it was just another OTC pump and dump scheme.
No Matter what the con man tells his audience in his weekly address:
Please know that he is and will always be a low life lying sack of corn krap from a corn town and he will be in prison in less than 12 months. I am so happy that I sold what I had of GRN as it was the greatest day selling this toilet paper because he built this GRN lie on sand and where there is sand there is no foundation. There is no income, no revenue, no outlook of any revenue anytime soon and every major MJ and Hemp giant and middle level player have caught wind of his reputation and none of them will ever do any kind of business with Costello, GRN including this Hawkins clown whatsoever. Costello is a Seattle transplant street clown and he plays his music organ grinder as Hawkins jumps from window to window knocking and asking for money. Sorry but the stained reputation of this Costello guy made any potential money dry up so their game plan moving forward is to purchase as many shell corps as possible before they run out of that $2M of stolen money these clowns misappropriated to buy more trash shells and put them on the OTC and play the same game over and over again up until the US Marshall Service along with the FBI and the DOJ drag the clown and his organ monkey out of their apartments and into the holding tank ready to plea to the magistrate. I am wondering how much that McLaren is eventually going to go for when the hammer falls?
No sense in discussing if Costello is behind dumping shares of his stock.
It is irrelevant as Costello will not be able to spend his money soon once the authorities freeze all of his and Hawkins’ accounts and any related assets (including the McLaren) and maybe all of the stock schemes he is attached to as well. Just think about it, here is a guy who was threatening a police officer outside of a club (according to the police report and public record)and telling this officer and other witnesses that he is a “billionaire” and that he is going to bring a law suit as against the officer and get him fired from his career. Now the IRS is going to be looking to see if Costello really is a billionaire and if he is then there certainly better have been taxes paid on that money and if not the IRS is going to want to know why he did not pay taxes on a billion dollars? Now if he is lying and if he is not a real billionaire this could be a whole host of other violations especially to those who have purchased stock in GRNF etc as this is misrepresentation just the same with his phony education allegedly at Harvard which is a total violation as many people invested in his resume being a Harvard graduate and thinking that Costello was an intelligent kid when in fact it is all lie as everyone has learned and he is not so intelligent which most people have also learned. In fact, Costello is not bright at all but rather a thief, a plunderer – scrounger. Richard Hawkins is too. Hawkins has/had a fiduciary responsibility to correct Costello’s’ scams and he chose not to do so which means he is also going to be criminally liable as he has enriched himself as well by what I read on these boards.
This fact alone will put him in jail and cause the SEC to freeze GRNF shares here soon. At any time the SEC can freeze all trading with this stock and should do it now.
You are absolutely correct, he does not know what a tolling agreement is. Just as important is that no large grower will ever contract with GRN and Costello to do a tolling agreement GRN and Costello's name is mud. His reputation in the hemp and cannabis business was destroyed the day that the $2M law suit was filed as that group knows everyone who is someone in this business and no one with any substance will any longer transact with Costello. He needs to go back to Wisconsin and rent limos again for prom dates...........but even that he didn't do well.
Sell Your Shares ASAP! Costello is going down. He is going to need a criminal defense attorney soon. The sharks with badges are circling him. He is not going to have a nice Holiday season and if you hold your shares you will lose as well. This serial liar has seen his best days behind him.
Until Such Time as Costello Steps down, Sell This Worthless Toilet Paper.
All of you holders of some of this stock have been warned. If there are puffs of smoke there usually is fire. Multiple people on this board said they have reported this Costello guy as whistle blowers or directly to the state authorities and to the fed. There is a better chance than not that there is a full blown investigation on this Costello guy including his puppet Richard Hawkins. Soon these guys will be on the stand in their defense to stay out of the pokie. He has issued multiple LOIs with no money backing which is a violation. He has called himself a hedge fund without the proper charters and class of licenses. He Lied over and over again about his education at Harvard and the University of Minnesota. If just one stock holder was induced to purchase any of this GRN stock because of Costello's bogus resume' then that is a crime, not a civil crime, but a criminal crime. If he is a billionaire then why isn't he paying taxes on the billion? It goes on and on, he and his GRN cult followers can continue to blanket these and other boards in this golden boys defense but the law is the law and he broke it multiple times. Give is 3 months, or 5 to 6 months or even one year but he is going away to jail, it is not a matter of "if", it is a matter of "when". He has a woman attorney step down from her position months ago on the board, has anyone thought about tracking her down and speak to her and find out why she left without any comments? I suggest one of your stock holders call her and discuss the issues laid out on these threads including his false resume' an see what she has to say, she most likely will end up as a state witness against this tarnished golden boy.
Secretary of State filings the the least of the problems for the CEO and Chairman at this point in time. One of them lied about his schooling in order to entice investors to invest in the stock and the other knew that one lied and didn't correct it which is a breach of both of their fiduciary responsibility in order to enrich themselves. Next the JC guy published that he was managing $1B and another $600 in cash on hand and this was to give investors and potential investors the impression that he was competent to handle such large financial transactions. This is fraud as well. Next GRN signed binding and non binding LOIs without the money to cover the purchase and/or the investment for which the LOIs were issued which is a huge "no no" and this same move have put allot of previous publicly traded company executives in jail and it may put this one (or both....Richard Hawkins) behind bars. GRN has represented that they are a hedge fund and if so, managing over $100M then they need a proper license for that. They claim they can trade stock for others (none OTC stock) which is a violation without holding a series 6 or series 7 license. It goes on and there is most likely discussions with investigators now investigating both "in agency" and "cross agency" entities working with their prosecuting attorneys about a potential RICO take down as there are 50 states and every-time any of GRN stocks were purchased and money was sent across state lines therein lies another violation. I read in a scanned screen shot of a criminal violation which was posted on this board prior, a "notice to appear" and this Justin guy was boasting to bystanders and to the officer that he is a "billionaire" meaning he or GRN should be paying taxes on those billions and there is no record of this. The state tax agency owed money would love to collect taxes on a billion dollars. Not only should the chairman be worried but the new CEO Richard Hawkins should be petrified because he may believe that he is simply the puppet and immuned from prosecution and this Justin is pulling the strings as the puppet master but the Fed nor the state prosecutors did int look it this way because they want all of them. Can one imagine just how upset the department of revenue in the state owned taxes was when they found out that some money manager misappropriated $1M in tax revenue in accordance to their contract and payment instructions from their client who owned the money? Give this story to play out for about 6 months and report back to see who got a plea agreement and who ended up in the cage?
I sold all of my GRN stock recently based on the rumors.
Glad I ridden my portfolio of it.
The rumors are not good for this GRN. I don't know the guy but not good at all. I am in the cannabis sector and GRN's entire reputation has been shot these past two months because of that lawsuit when they pilfered $2M. Who takes in millions of dollars and can't even pay their damn tax bill for their client when requested? What defense can GRN possible have in a motion to dismiss? How can any reader make any sense or defense of this type of business lack of common sense or just straight out fraud? No one of any value or substance in the MJ and hemp space will do business with GRN any longer so GRN is certainly not bringing in any new business unless it outside of MJ and Hemp, people who does not know about the law suit and maybe that is the reason for the Riverdale deal. They are probably looking for other ways to keep their lights on. GRN isn't really bringing in cash or investor money and that is a given. And if GRN did bring in new money then it is small and that will dry up soon like a withering grape on a withering vine. GRN may want to pony up and higher a criminal defense lawyer soon. Speculation is not good from other pot heads giving the heads up. If something bad in court happens to one of the bosses does that mean that also this Richard Hawkins guy also goes down? Or is he set up as the fall guy? And what is this about this guy not going to a school he put on his resume? Is this true that he didn't go to that important college?
Online course? lol. He never stepped foot in Boston on campus. I don't believe this online course either.
I want my money back, he did not go to Harvard
Nor did Costello attend the University of Minnesota, is this fraud?