GRN Holding Corp (GRNF)

[freemoneyfella]

With $0 in cash, any “acquisitions/merger” would be very dilutive to shareholders. It’s even mentioned on page 12 under Plan of a Operation.

There can be no assurance that we will successfully complete the noted acquisitions. In particular, there is no assurance that these acquisitions will close, since no material definitive agreements have been agreed to containing comprehensive terms and conditions. These acquisitions, along with any other mergers or business combinations contemplated and completed by us, can be expected to have a significant dilutive effect on the percentage of shares held by our current stockholders.

https://www.otcmarkets.com/filing/html?id=14009711&guid=LaGWUnSQbFxwO3h

To do any deals, GRNF will be an equity dilution machine.