GRN Holding Corp (GRNF)

[DWillie]

Regarding the hedge fund. Who said it was a worth a billion dollars? I'm not saying it's not, but GRN Funds advertised they have 1.15B in assets under management on their website. That includes all of the subsidiaries they own that are soon to be GRN Holding's assets. Nowhere did is say the investment fund was worth that much. And since it's a private fund, we may never know the true value since they are not obligated to provide it. It's disingenuous to ask for details you know are not available to anyone and then present that as proof it doesn't exist. It's just proof you don't know the details. That's it.

Furthermore, what makes you think the fund has to register with the SEC as you've said? There are exemptions for private funds.

https://www.finra.org/investors/learn-to-invest/types-investments/investment-funds

Investment funds pool the money of many investors and invest according to a specific strategy. Funds come in various types, each with differing features. Generally, publicly offered funds—such as mutual funds, exchange-traded funds, closed-end funds and unit investment trusts—must be registered with the Securities and Exchange Commission (SEC) as investment companies. Private investment funds (often called hedge funds) are often exempt from registration.

Funds can offer diversification and professional management—and they can feature a wide variety of investment strategies and styles. As with any security, investing in a fund involves risk, including the possibility that you may lose money. And how a fund performed in the past is not an indication of how it will perform in the future.

Some funds, such as hedge funds, do not register their shares with the SEC. This means they are not subject to the same regulatory standards that apply to mutual funds and other funds registered with the SEC.