GB Sciences Inc (GBLX)

[Shaark]

'G-rose' The current team headed by Poss has shown its true colors, they elevate their own financial position, while GBLX takes on more debt, beyond what could reasonably be expected to be paid anytime soon. Regarding LSU, even when that goes through, GBLX is operating @ a $9+ Million YEARLY deficit{2018}{10-Q}, that is increasing, which means that GBLX will need @ least $9+ Million in PROFITS, just to meet break-even, not to mention that in the interim GBLX is selling debt{Treasury stock & private placement} just to be able to defray daily expenses. This is untenable & @ some point GBLX will be "upside down", @ which point the most dire of consequences will take place. There have been a chorus of voices, myself included, asking that Poss's contract be terminated & a new CEO with more experience take his place, otherwise, it will be more of the same. The only remaining question is whether GBLX has reached terminal velocity in its ability to raise funds{Gblx is attempting to raise funds in Canada} & when will the debt load become so toxic that it crosses the law of diminishing returns. GL Play it as you see it