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Nope. Per CEO's communication from a couple months

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Bountiful_Harvest Member Level  Wednesday, 05/08/19 03:03:52 PM
Re: Laster post# 6930
Post # of 6963 
Nope. Per CEO's communication from a couple months ago the merger plan with Bright Green, Oxford the GNCC entity was not approved by FINRA.

As a requirement, FINRA was a prerequisite to merging the shell with BG, the operating company. This did not happen. So unless some miracle happens which causes FINRA to revisit this, then that avenue is closed, as far as we know.

Their previous plans to uplist on the NASDAQ was also a bust, as far as we know.

Also, CEO advised they have no obligation to GNCC shareholders. CEO also alerted shareholders that buying shares of a shell corporation have certain risks. BG is currently a private corporation and is not obligated to inform anyone of its current status.

I think the part that causes GNCC shareholders to remain, is that there is the possibility of existing shareholders to be taken along with BG. Apparently there is some conversion formula regarding that matter. No one knows what that is either.

There is no fluff in this post. These are the facts. But until an official PR is released, no one really knows much of anything at this juncture.

I think Mr. Stockwell and associates did their best. I believe (not know) they continue to try work things out for all "genuine" shareholders.

I still have all my shares.

Get your marching band off my field. Its not over yet: https://www.youtube.com/watch?v=mfebpLfAt8g



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