GRN Holding Corp (GRNF)

[DWillie]

You're only considering half the equation. Of course he's getting a return. Why else would any company go public? He is getting a huge benefit by giving up equity to shareholders. The ability to issue shares for new acquisitions or debt financing, or whatever need arises is far more valuable to them than whatever they gave up. Especially in this sector that doesn't have traditional bank financing avenues.

JC may be able to grow GRN's portfolio exponentially faster using shareholder equity than if it stayed private. That's the return.

And before anyone goes on about dilution, yes there will be shares issued in the future. Guarantee it. But it's called accretion if the shares are used for revenue generating assets and increase equity. That's his plan.