Wednesday, February 04, 2015 11:44:40 AM
'Did you forget that one of the first orders of business for GRCU was to increase the A/S from 500 million to 2.5 Billion???',
- and this statement -
'What was the reason behind increasing the A/S by 400% by the GRCU insiders?'
I quickly corrected you, pointing out that the authorized common shares was increased to 1.5 billion, and then to 2 billion, by the predecessor travel entity (TTD*), before Green Cures came into existence (see below).
For what reason was it important to attempt to associate the A/S increases between 500 million and 2 billion shares to Green Cures, when they clearly were executed by another entity, in the travel business? I'd be very interested in your thought process on this subject.
'On the TTD* (predecessor to GRCU) filing from April 1st, 2013, is the following info on page 16 (for the period ended Dec 31, 2012):
As of the end of 2012:
a. There were 1,500,000,000 common shares authorized;
b. There were 553,695,597 common shares issued and outstanding;
c. There were 341,010,602 freely tradable common shares (public float);
d. The Company had approximately 286 shareholders of record.
link:
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=101910
also please note the following:
For the period ended Sept 30, 2013 (filed on Feb 11, 2014, by TTD*)
link:
http://www.otcmarkets.com/financialReportViewer?symbol=GRCU&id=116175
link to your original post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110412463
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