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Re: threewheeler post# 11785

Friday, 11/24/2017 7:21:13 AM

Friday, November 24, 2017 7:21:13 AM

Post# of 17821
Agreed. This is still being slightly held down by dilution. The real problem is the current lack of interest by the market because of the heavy dilution over the last 2 months. In my experience, most OTC traders have NO IDEA on how convertibles actually work so they just stay away from companies that are diluting. Once it's done, then comes all the 'weeee's' and 'to da moons' from the companies current naysayers. Funny how the market works in that aspect.

The good thing is that the current convertibles are almost behind us and that the new CEO Patrick Stiles had absolutely nothing to do with obtaining those convertible notes. He also didn't sign the 2 new notes from 3rd Q (he didn't take over as CEO until 4th Q 17') and I am hopeful that he renegotiates the terms on those debts so they don't hit the markets in March-June 18' as recent notes have. I think investors should remember that Patrick Stiles has been CEO of a few multi-million dollar companies and he didn't need a dollar of shareholder money to accomplish his goals. I'm hopeful he bring that same approach here to $GRCK.

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