I was that customer and the product their selling is unique enough to me. That product is simply "white-labeled" GreenBox technology. That technology has potential. GOHED's fate relies solely on their relationship with GRBX. If you don't see or care to speculate on the bigger picture than I don't blame you. Waaay too much risk involved and it's absolutely true that management is not delivering on their own milestones that they laid out for the company. I'm sure they don't care about anyone currently holding their stock. We're not big money, we're retail. Retail is always last in line for any potential return on investment.
You say the competition has left them behind, but who is that? The only one I'm concerned about is $KERN. The other systems I've used at dispensaries in Las Vegas were no where near the convenience of MTrac. At Reef dispensary, you use your CC to load a gift card to then make a purchase. I didn't have to sign any paperwork or agree to terms to make a purchase using MTrac.
But anyways, if GRBX survives the scrutiny their under and nothing is revealed about them violating regulations, I still see these two companies merging in the future.
The biggest binary event for me is federal legalization. I'm hoping that both these companies get their shit together before that happens, because that's when they will merge and it will be an automatic win for the GreenBox Technology platform as a whole because $GRBX will be ahead of the game compared to any big banks scrambling to get into the industry. And the block-chain angle will give GRBX an advantage to compete and separate themselves from the big boys with their auditing and tracking capabilities.
In the meantime, I am waiting for GOHED to come through on new relationships with local and/or state governments. These other payment companies using "gift card work arounds" aren't going to be acceptable nor compliant with any regulations that may be in the works.
That all being said. Make your own decisions. As a retail investor, you're going to have to take a shot in the dark anyways. We will not know anything until it happens. Good or bad. Just like the R/S.
