GRN Holding Corp (GRNF)

[FatFatCat]

GRN Holding is merging into the shell. It was initially thought GRN Funds would become a subsidiary of GRN Holding post-merger, though I no longer believe that is the case. My interpretation of the shareholder letter indicates that GRN Funds would remain a separate entity.

I am not aware of any other JC-related businesses that justify the current valuation, but not a lot is known about JC's businesses...they are all privately held.