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Thursday, January 01, 2015 3:48:24 PM
There are several questions to be answered yet.
1.) Is Verde Capital, Inc. the same as Verde Capital Management of Troy, Michigan?
2.) Per the Nevada SOS the number of Authorized Shares for VRCI is 1,000,000,000 (Per amendment dated 10/10/2013). Is this reverse split also to include a reduction of authorized shares? That may tell you something about what may happen to the new 600,000 share O/S after the merger.
3.) The company has been an oil exploration/investment company. An Ebola test/research company and now a Marijuana Investment/Advisor company, all within or about a years time. Where will they get the working capital (current cash assets $544.00) to invest in anything? Sounds like shares will be sold or more convertible notes must be issued to go forward with their business plan.
4.) Who are the current Board of Directors? They seem to come and go without rhyme or reason (Paul Pelosi, Ken Berscht, Luis Bobadilla). Until a 10K is filed, no one here knows who is involved or knows what is truly going on with the company.
In my opinion, there are just too many unanswered questions here to let one assume there is a "Big Money" merger about to happen here. In addition, if the O/S is reduced to 600,000 and the A/S stays at 1,000,000,000, I would assume there is going to be a great deal of dilution after the Reverse Split.
It is somewhat suspect that an 8K was filed giving only brief details of merger and R/S rather than a 14c statement outlining the details of both the proposed merger and Reverse Split.
I would not get a second mortgage or dip into the kid's college fund to bet on the prospects here. Way too shaky with the little information that is available and/or verifiable.
Those that enter with certainty, soon realize doubt; While those that enter with doubt, will discover certainty.
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