Thursday, October 17, 2019 11:27:41 PM
1) Who’s Rich?
2) Form 4, all traders know what the main SEC forms are and what they are for. Why did JC spend so much time explaining the Form 4? He starts and ends by talking about it in a manner that appears to suggest he thinks the audience are all lacking in the fundamental and basic knowledge needed to invest in this or indeed any company on the SEC.
3) 4 mins in, he’s talking of it taking 2 -3 years for SBA to come into effect? He states with great candour that it will be a “major uphill battle” for this to pass in the Senate. Isn’t it the case that the entire success of this business, is predicated on this Bill passing the Senate? For JC to sound anything less than ebullient about the prospects is concerning. What about the new SEC Rules https://www.sec.gov/news/press-release/2019-189 Doesn’t this mean the pending corporate actions (name change, rolling in of assets under the new corporate umbrella) are extremely time sensitive?
4) Is there a Plan B? In a world without this bill having passed (Safe Banking Act), is there still a business here?
5) Would not comment on trading activity but hasn’t sold one share (139MM holding) which though encouraging, one must remember where the SP is now and the price at which he purchased the shares!
Conclusion, I do not see what all the daily excessively bullish (some might say pumping) shouts are all about (paraphrasing “must buy at this price because tomorrow it could shoot to $100, 200, 500 (conservative estimates) overnight”. On what basis can such a conjecture be made? Is it that when DCGD changes its name to GRN Hldgs. Corp. (correct me if I’m wrong), it will go from being an empty vessel, to an enterprise that has a value which is roughly the cumulative total of the assets rolled in? These assets have to be paid for right and without the SBA, what is the business model here?
Can’t understand what the necessity for that call was and in fact, if it even told us anything at all about where the company is now.
Recent GRNF News
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Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM