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Tuesday, November 05, 2019 9:56:40 AM
1) In Aitan's Yahoo video, he mentions revenue generating activities will be announced before the end of the year. If you haven't see the video, here is a direct link. Start listening carefully at 3:30
https://www.msn.com/en-us/health/medical/gcanrx-offers-oral-patch-with-cannabinoid-as-vaping-related-illnesses-increase/vi-AAHJjCP
https://finance.yahoo.com/quote/GCAN?p=GCAN&.tsrc=fin-srch
2) GCAN also rewrote their debt with EMET in early October. IMO it is now written such that if GCAN begins to show revenue being generated before the end of this calendar year, EMET debt will be paid off in cash, NOT in company stock.
https://ih.advfn.com/stock-market/USOTC/greater-cannabis-co-inc-GCAN/stock-news/80976669/current-report-filing-8-k
In the above fling, pay attention to page 2, section titled; Item 1.01 Entry into a Material Agreement. Exchange Notes.
These first two items I have listed above suggest to me that GCAN will release evidence of revenue generation in the next 4-8 weeks. If not, plan on EMET receiving company shares for payment of debt owed, and dilution to become a real concern.
Dilution has not been, and continues not to be a concern. GCAN must show revenue soon to keep it that way.
3) GCAN has not just hitched its wagon to Symtomax, they are more than that to Symtomax. So much so that they were able to put their own guy on the Symtomax Board of Directors as evidenced here -https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152010251
4) Symtomax is well funded and raising additional funds without using toxic lenders familiar with so many penny stocks as evidenced here - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152010571
Bonus Reason) Facebook has restrictions that make it impossible for someone to create and post a fake Facebook page showing history that goes back years. Matthew is a real person, that recently relocated his family from Washington State to Portugal to become the Symtomax employee as evidenced here - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152013306
In closing, I will say GCAN is not unlike a lottery ticket. I sleep at night knowing I could loose all I have put into GCAN, or I could become very wealthy. Its going to be one of the other. My bet is on becoming wealthy.
All of the above is my opinion.
Recent GCAN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 12:58:24 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:37:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2023 04:03:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 10:11:59 AM
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