This will be the most important post you will read to date regarding the share structure of GCAN and to prove not one of the people running GCAN has profited by the sale of any common stock!
This has been more than 3 hours of recapitulation of all financial filings along with a Triple Check of the facts. I have recapitulated the current share structure reported by the T/A today to within 2,400 shares so I will just toss that up as someone making a notation error somewhere. I will try to bullet point this so it is as short as I can make it and we are going back to the very first day of March 10, 2017.
3/10/2017 26,905,969 shares to start the company
3/22/2017 100,000 were issued for consulting fees
3/31/2017 2,000,000 were issued to Wayne Anderson for services rendered
9/15/2017 375,000 were issued to a Third party as a note payment
9/19/2018 1,465,523 shares were issued to EMET who immediately sold them
10/26/2018 1,037,477 shares were issued to EMET who immediately sold them
1/4/2019 769,785 shares were issued to EMET who immediately sold them
1/4/2019 695,129 shares were issued to EMET who immediately sold them
4/16/2019 1,384,000 shares were issued to EMET but this time they kept them per the Pre 14C filed
5/29/19 542,000 shares were issued to 2 consulting firms for services rendered. I suspect they sold them immediately.
8/15/2019 175,000 shares were issued to a consulting firm for services rendered. I suspect they sold them immediately.
11/6/2019 1,748,383 shares were issued to EMET and now see the footnote
Currently all these shares issued adds up to 37,198,246 shares.
The reported issued per the T/A today is 37,195,846 shares.
The difference is EXACTLY 2,400 shares so somewhere a few reported numbers by the company or the T/A may be wrong but it is only 2,400 shares.
Footnote:
EMET agreed to a deal where their Preferred B shares would be converted to common shares BUT they can only own 4.99% of the company at any one time. Per the Pre 14C where they owned 1,384,000 shares and the newly issued shares of 1,748,363 shares, they owned in excess of the 4.99% agreed upon. To be in compliance of their agreement dated November 6th, 2019 they had to sell, 1,276,290 shares. Since November 6th there has been approximately 4.5 million shares traded.
The Current issued is 37,195,846 shares with a restriction of 13,766,929 shares per the T/A's report today.
Since the company has started trading they have added 10,289,877 shares in over 2
1/2 years and ALL have been to pay off debt that Wayne created for the company.
Now here is the most staggering numbers. The current float is 23,428,917 shares and we all know at one time not to long ago, it was about 17,000,000 shares. Since the inception of the company in 2017 the stock has traded 116,598,836 shares up to December 6th, 2019 with a float of lets split the difference and say 20,000,000 shares!
There you have it. 3 hours of work and I have proven everything except 2,400 shares which is an over report of the numbers the T/A has offically filed with the SEC.
I hope this information will prove useful to all as we go forward with GCAN and it's future.
Sorry for the long post but I tried to make it as short as I could.Tomorrow after noon I will address all of the warrant notes and CD notes. I have detailed notes on them also and the numbers you will see and the time lines will be very informative also.
Thanks and good evening!
