Green Cures and Botanical Distribution Inc (GRCU)

[2014shelby]

What's bizarre is Joe Tragesser said the RS would be good for shareholders. When has an RS in the OTC ever been good for shareholder's equity?

From Joe Tragesser, GRCU CEO:

WHITTIER, CA / ACCESSWIRE / January 29, 2016 /

Shareholder:

First and foremost, I want to thank you for your patience as well as your continued support. I am pleased to provide an update on our excellent progress and discuss our ongoing milestones and further growth initiatives.

Green Cures continues to achieve substantive progress as we work diligently to implement and execute our plans to create and capture shareholder value. We did this first by restructuring the share structure with a 130/1 reverse split. This action was important as it allowed the company to rid itself of the negative reviews, and correct the authorized and outstanding shares on the market. Another benefit is that it has allowed Green Cures to have the opportunity to obtain constructive building capital for the company’s best financial interest while continuing to develop. Further, this has increased share price, ultimately generating greater shareholder returns