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Tuesday, June 12, 2018 10:49:32 AM
Green Relief CEO confirms that he is looking to do an IPO/RTO soon from twitter on 5/2/18
Hi Keith, thank you for your interest in our company @GreenReliefLP. We are currently taking steps in getting our financial house in order for an IPO/RTO. We don't have a date yet, but will keep everyone posted with our progress. Have a great day!
— Warren Bravo (@green_relief) May 3, 2018
thank you for your interest in our company @GreenReliefLP. We are currently taking steps in getting our financial house in order for an IPO/RTO. We don't have a date yet, but will keep everyone posted with our progress. Have a great day!
HRAL started tweeting in May after a 5 year hiatus and most of the tweets are MJ related
If you look at who HRAL is following you will see Green Relief along with their CEO.
Let's also dig further on the relationships between the 2 companies.
Aldo Rotondi is CEO of HRAL and also runs Airam Capital. If you look on their webpage you will see them working on a deal with Green Relief.
The former CEO of HRAL Matteo (Matthew) Sacco is now a director and holds 23% of the OS. Sacco is also listed as a Strategic Advisor working for Airam Capital. I was able to find that last year Sacco was listed as Special Advisor to the CEO and Chairman of the Board for Green Relief.
Green Relief is an established cultivator that has been around for a few years and the only North American company using aquaponics. They can produce the most pure cannabis year round while using 90% less water than other companies. Their cost to produce is also the lowest in the industry.
This interview from December discusses the company along with a 50 million deal they closed for expansion.
https://midasletter.com/2017/12/video-green-relief-inc-ceo-warren-bravo-growing-cannabis-using-fish/
Finally lets not forget the share structure here. It is perfect for an RM candidate.
Issued & Outstanding: 1,000,006
Restricted Stock: 250,367
Unrestricted Stock: 749,699
Held at DTC: 657,699
Current marketcap is only $678K
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