Grow Capital Inc. (GRWC): This lame company didn't even report its...

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Alan Brochstein

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Friday, 09/16/2016 6:43:45 AM

Friday, September 16, 2016 6:43:45 AM

This lame company didn't even report its Q4 results, which can be pulled out of its 10-K filed earlier this week. Hint: They were absolutely terrible, with a massive cash burn.

GRWC is flat out broke, yet they announced today that they are moving forward with "Nuggetville" in Eugene. It's easy to say what you are going to to do, but apparently not so easy to do it. Look at the other companies under the thumb of David Tobias - not one of them has ever accomplished anything. This appears to be the case here as well.

Is the first project a success? Not at all. Does the company have the means to fund the second project? Not at all.

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.