GB Sciences Inc (GBLX)

[jefra1965]

SURVIVAL HERE IS POSITIVE CASH FLOW:

We are running out of room sharewise 222/400 Millions shares outstanding without the warrants being counted. And the operating costs will keep climbing. The name of the SURVIVAL GAME HERE IS POSITIVE CASH FLOW:

From the last and many previous 10Qs: (With no updates)

Quote:

Effective April 8, 2018, Shareholders of the Company approved the change in corporate domicile from the State of Delaware to the State of Nevada and increase in the number of authorized capital shares from 250,000,000 to 400,000,000.


Plan of Operation
GB Sciences intends to operate as an intellectual property company that will conduct its business through its subsidiaries. GB Sciences intends to own all patents and related technologies developed by it and its subsidiaries. In addition, the Company owns and will seek to own majority interests in each of its existing and future operating subsidiaries.
Our wholly-owned subsidiary GB Sciences Nevada, LLC (“GBSN”) leases a warehouse facility at 3550 W. Teco Avenue, Las Vegas Nevada. On January 4, 2017, GBSN received a State Registration Certificate (“Certificate”) for its 28,000-sq. ft. cannabis cultivation facility located in Las Vegas, NV. The receipt of the Certificate allows the Company to cultivate medical cannabis. Phase 1 of the GBSN cultivation facility opened with 200 grow lights. When all phases of construction are completed, the facility is expected to generate revenues of $10 million. Completion of all Phases of this facility is dependent upon the availability of capital to complete construction. The Company has made completion of all Phases of this facility its number one priority.[/quote]


Moonshots don't come for FREE. Like I said before. ALL A PIE IN THE SKY RIGHT NOW.

When there is a PLAN, I personally like to see it through. I don't know about the rest of the board, BUT I would like to see some serious improvements in CASH FLOW. And this POSITIVE CASH FLOW can only come from PRODUCTS SOLD.

When and ONLY when I see an UPDATED PLAN to finish bringing TECO (OUR MAIN 100% HOLDING) up to 100% capacity, THEN and only THEN I would STOP worrying.
Las Vegas happens to be one of the BEST recreational MJ markets and every month we lose we are being left behind.. There are several BIG MJ operations moving to Las Vegas so WE HAVE LOST VALUABLE TIME and market share.

JMHO

PS. Every single note posted here is about the PUBLIC company GB Sciences (GBLX)