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Re: I-Glow post# 35672

Monday, 08/26/2019 9:29:27 PM

Monday, August 26, 2019 9:29:27 PM

Post# of 73938
Why do you think the former owners still have 45% of their shares? Because, IMO, the $300,000 was a cash portion of a much larger deal. Those guys are going to get paid down the road. No question it was all arranged in the negotiations. You say the shell was worth more. Well, yes, indeed it is.

Also, the Form 3 states the new owner. GRN FUNDS. An existing LLC. It's not a stretch to say they paid the $300k.

You and the rest of us will find out soon enough what GRN HOLDINGS is worth when everything is finalized. That day will be the end of the nonsensical speculation.