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Re: Cbdpotential post# 77

Friday, 07/25/2014 2:45:08 PM

Friday, July 25, 2014 2:45:08 PM

Post# of 20888
I would say its a bit of a big deal...it just changed their business model, management should be a little more careful with their press releases, that can land a company in huge hot water not to mention the damage it does to investor confidence going forward.

The following is from Blue Line Protection Groups PR on July 1st,

"... Additionally, the Company has started opening accounts on behalf of its clients with Salal Credit Union in Seattle, WA and Champion Bank in Colorado. Per the arrangement, these banks will provide certain banking services to legal marijuana growers and dispensaries that meet the stringent standards of Blue Line's financial compliance and verification platform."

The PR today states they cant do any of the above and wonder how many folks bought shares based off of that July 1st PR? Its a big deal when a company states as fact the above and then comes out 3 weeks later stating uhmmmm....never mind we cant do that.