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Thursday, 04/18/2019 2:03:46 PM

Thursday, April 18, 2019 2:03:46 PM

Post# of 7376
GRBX just released their annual a few days ago. If you go over to their board there is a lot of questionable material in their report. It seems that GreenBox has 2 operating entities where 1 is public and the other private. I haven't made sense of it all yet but it is kinda suspect.

In our report we stated that we paid GRBX over 300K for 2018 licensing fees and also reported revenue the last 2 quarters. On GRBX's report, they make no mention of these 2 items in their revenues suggesting our relationship is more with the private entity.

GRBX reported a merger was consummated Jan 1st 2019. It may be with the private side of the company. It makes me uneasy because if all that proprietary and patented blockchain tech is actually still on the private end and that merger falls apart, where does that leave the GRBX public shareholder? Are they completely cut out of the picture?

Are GOHE and GRBX publicly stating conflicting numbers to lead investors on? Or now that 2018 is done, are we going to see the big reveals in 2019?
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