Tuesday, September 13, 2016 5:55:28 PM
1. Positive outcome on the rec vote.
2. PR's with pix of a completed facility with little baby magic plants beginning their 80-90 day journey.
3. The 10Q or PR announcing the harvest of their first crop and,
4. The 10Q announcing the proceeds in dollars of the sale of their first crop moving them from "pre-revenue" to major player.
If they fail at any of 2 through 4 I'll lose money.
If all 4 come to fruition it should be a 10 bagger or more on the stock and a 3 and 1/2 to 4 bigger on the warrants.
The real winner here (like always) is David. He buys a building for 3.9 million using at most $900,000.00, with debt service on the $3,000,000.00 balance of $15,000.00 a month including property taxes, gets 2,000,000 shares and $200,000.00 a month rent in return. If GBLX fails in any way, he sells the shares at minimum for $600,000.00 which covers 2/3rds of his DP and either finds another licensed producer to supply the mammoth returns OR at worst he adds this building on TECO to his existing $50,000,000.00 commercial property portfolio and probably gets a regular 10-12% ROI with tremendous tax advantages in the depreciation of the property.
Recent GBLX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/12/2024 09:39:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:07:34 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 10/10/2023 02:00:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/08/2023 08:15:33 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 06:31:48 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 08/02/2023 08:18:58 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/14/2023 08:12:47 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 06/30/2023 12:00:24 PM
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