GRN Holding Corp (GRNF)

[chessman]

Just contacted the company ...

I just contacted SMM and asked them about the merger and share conversion. The employee told me he would like to talk to me about it, but he wasn't at liberty to do so (legally) and would have someone at the IR department call me back.

Preferred shares are going to be issued by Discovery Gold that will be convertible to common stock by SMM. According to the disclosure, after that, SMM will own 85% of all the common shares. That leaves us with the remaining 15%. No doubt, SMM would love to have the share price increase to assist with the expansion of their unique product. However, the big question is how much our shares will be worth after the merger and which direction will the pps go. That is the million dollar question.

Correct me if I am wrong, but SMM wants this merger so they can enter the market and have shares to sell for expansion. I see their product and I actually want to buy some myself. Seems like a very good move on their part, but, again, what will our shares be worth initially and how far up in price can we determine, reasonably, the shares will increase. Any merger experts care to chime in?

Chessman