Monday, May 13, 2019 9:49:13 PM
How I see it, is that she played the role of a shark, like Mark Cuban or Mr. Wonderful on the show shark tank. She saw an investment opportunity with a start up company in a space she was already in - from being a vocal cannabis advocate to her role with CannaKids are just a few examples.
She got 80,000,000 restricted shares in exchange for:
1. Providing $GOHE with a $15,000 loan (where she'll make a few grand on the return)
2. Services rendered from however much time she spent as a Strategic Officer (which, in my opinion was indeed a "strategic" move and tactic by GOHE to lend itself credibility during a period of transition from old dirty management to an unproven and inexperienced team of "leaders" after the merger).
3. And whatever skill set her son provides from his employment with the company, who I'm guessing was her farewell gift to $GOHE as she left her role with the company on March 1st.
She quite likely cashed out already as well since her restricted shares probably vested with her departure. On March 1st, the low was .0052 so she could have realized gains of a cool 416K for a year of her time. The sharks on Shark Tank would be envious of that quick flip. The annual report seems to support this as well in NOTE 9 - SUBSEQUENT EVENTS:
Since Jan 1, 2019, we have sold 83,333,333 shares of common stock
Her March 1st departure was between Jan 1st and the filing of that report April 1st.
Now don't get me wrong. She played a role in the survival of this company during that awful transition. But I don't think she's a long term player anymore here. We have her son and maybe still her contact info and a good standing relationship with her to leverage in future partnerships/deals, but she is indeed on the outside looking in now. And in my opinion, that is a good thing for GOHE because we would have probably been looking at giving her another 400K or more of incentives to keep her around for another year.
This is of my own opinion and is not to be considered as fact or advice. I do own .0004% of this company lol.
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