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Re: MarketCap post# 36454

Friday, 08/29/2014 7:15:11 PM

Friday, August 29, 2014 7:15:11 PM

Post# of 77854

We now have evidence of two publicly traded companies pursuing similar business models.


However, at a glance, several differences stand out. The most obvious is that the PR announced that Verde, the publicly traded company itself and not some dubiously acquired subsidiary, had signed the contract for its services.

The second thing that stands out is that the Verde PR names the dispensary. Neither Emerald Med Farms or QEDN name to WHOM they are providing their "services."

The third thing is that a quick check on the website of the CA SOS shows that Verde's named dispensary is in fact registered, whereas QEDN's alleged acquisition is NOT registered to do business in CA as CA law requires.

Fourth, the Verde PR is not...erm..."laced" with silly references to non-existent (as far as I've been able to determine) laws, "grace periods," "exemptions," etc. as have been the various PRs put out by QEDN. IMO, that alone lends Verde more credibility, whether they deserve it or not.

Finally, Verde's PR came out in June and they are delinquent filing, so who knows what has come of this "contract"?

By the way, Verde's dispensary partner is registered as an LLC, not as a non-profit, and despite what the PR says, it was only licensed in April of this year.