GB Sciences Inc (GBLX)

[Ctrxman]

I wouldn’t pay any attention to an old chart. Back in those days the company was know as signature gas and Exploration. Craig Elkins, who was associated with Grow Blox effected a reverse merger and the company is now G B sciences.
I’m in my 70’s and don’t play in the penny arena normally. At Christmas my son mentioned a few Cannabis stocks he liked so I did some digging and think this one MIGHT be a gem. There are a lot of things this company is doing that make a lot of sense medically. I belief that their taking a pioneering approach in an area that has been under researched, and if they can produce plants with consistent THC and terpine profiles, I have to believe that some company will be interested. That’s what the BD&L conference was about a few weeks ago. If they’re successful they will have differentiated their product from the vast majority of the others.
That said, if they can’t raise capital none of this can even begin to happen. That’s the reason for the meeting to authorize more shares. Since they can’t use the banking system their only source of capital is through some type of offering. If they fail to raise the necessary funds the stock being worth 0 would be a high probability.