InvestorsHub Logo
Followers 17
Posts 1108
Boards Moderated 0
Alias Born 10/27/2008

Re: A deleted message

Friday, 08/05/2016 12:05:09 PM

Friday, August 05, 2016 12:05:09 PM

Post# of 52915
I know 100% they are not selling their license. We are 2 weeks or so out from engineering being complete then it goes to permitting. As for funding there are several groups involved. I don't know details but money is coming in significantly above market value and it is % of Green Leaf farms that gets sold.

If you look at recent volume compared to what the outstanding notes were you can see that there has not been a tremendous amount of shares hitting the market. The reason for this is Mark has made arrangements with the note holders so they sell in a responsible manner but also much of the money that has been coming in has gone to pay off note holders.

I'm not saying it's going to the moon, that anyone should buy or it's a slam dunk. Of course it's still a risk but we are moving forward, money is falling into place, we have a favorable lease with a very company friendly landlord. We have a license to grow MMJ and come November RMJ. This is all real and is in the process of being completed.

The risk reward meter definitely falls to the reward side of the curve IMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.