GRN Holding Corp (GRNF)

[DWillie]

The letter stated that JC would prefer GRN Funds staying private. That much is likely. However, that does not preclude them from becoming a wholly owned subsidiary of GRN Holding and remaining a private LLC. There's not much reason to keep it totally separated. I think he's trying to consolidate all these companies under one umbrella to make it easier to manage. And, of course, to profit from going public. The bigger he can make it the more successful it'll be from an equity standpoint. The board members and Mgmnt will likely get share compensation.

Nobody knows for sure what exactly will be part of the holding company, but GRN Funds is not off the table IMO.