GB Sciences Inc (GBLX)

[BadKarmaKyle]

NRH, I’m with you. I got in on the mid 2016 private placement. I bought a million 144 shares and received a million warrants excercisable at $.60 through 7/2021

When it jumped in January I sold and after taxes scored a little under $500,000.00

I was going to take my profits and walk but I was offered a portion of the January 2018 private placement.

After seeing John come onboard and turn an empty warehouse into what’s there now I jumped and rolled ALL my profits into the $.40 private placement in January. Depending on the closing price or time of day I’ve lost back $40,000 of my profits and at the two year mark I’m seriously considering slowly moving my shares and just holding the warrants. If the company does well maybe they’ll be worth something. But this is all I do. 2 years to make 440,000.00 or less is not what I was hoping for.

I have tremendous respect for John Poss but I was severely disappointed with the revenue in the 10K. We should be doing an easy $500,000.00 a month now. I was also disappointed with the loss of the NevadaPure deal, the exorbitant stock options paying out 1.8 million of the 2.5 mil of revenue.

John and the rest of the management team should be rewarded when the shareholders are. For him to take 1/4 of the gross yearly revenue at this stage is overly compensated IMO. astly Leslie Bocksor and all that come with him are dead weight.

Maybe CA coming online will give us a pop. I’m probably going to wait for the next Q or hopefully an announcement replacing the NevadaPure deal. I’ve been to TECO 3 times, I’m going to take a 4th trip and discuss my concerns with John. If you have any specific questions get them to me soon, I’m leaving at weeks end for Vegas.