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Tuesday, October 14, 2014 12:34:55 PM
Shortly after the change of business to mj/cannabis was announced, the share price ran up on pure hype and speculation.
Following that initial hype, Robert Calkin and his team were brought on board and have begun painstakingly building a real business. And as with most new businesses, there have been several stumbles (inventory problems, missed dates, etc). But on balance, I would have to say that the team has accomplished things in a more accelerated fashion than most of the other OTC companies for which I hold stock. Running a publicly traded company, and being accountable to shareholders, is very different from running a private company. Robert Calkin is a very intelligent individual, and I think he is learning that lesson.
I firmly believe that within the next year, there will be many former shareholders that will look back and say to themselves, "I can't believe that I let go of my GRCU shares for under a penny". I could be very wrong here, of course, and the shares could continue to slide downward. Time will tell.
Sorry to disagree Odessa but you are basically comparing TTDZ (a public shells) PPS to a post merge and startup companies PPS. I'm sure you agree that rise to .049 was merger induced with nothing behind it's value but a new MJ /MMJ CEO to speculate over. Trading in the pennies was falsely encouraging for a while but then it's up to Calkin to maintain shareholder value albeit I would not expect him to maintain an inflated PPS of .049 just starting out. Though his initial goals sounded ambitious and the implied timelines were ludicrous. He has accomplished much but has also misled milestones. Read the June 16th PR again. Huge mistakes in that PR. Investors bought shares on that information and when not delivered on, they sold. Hence, the pinksheet mentality which IMO Calkin needs to pay extra attention to.
GRCU
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