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Saturday, May 02, 2020 5:24:55 PM
1. Reverse merger. Look it up. An R/M occurs when a private company (GRN Funds) buys a public shell company (DCGD), then mergers the private assets into it. The new company thus becomes, in this case, GRN Holdings. This is not unusual or suspect. In order to accomplish this, the private holdings must be fully audited (the DD) for shareholders to analyze. It's law.
2. The companies are very real. There's only one you could consider developmental, and that's Squad Drone. The others are doing business and making revenues. We know for a fact that Pacific Merchant Bank brings in millions of deposits. The others aren't in much dispute either.
3. Soulshine, and most of the other cannabis companies need capital. The cannabis space is a tough place to get funding. GRN, using private investors, get's it done. That's why they partnered. It's their specialty. There are several other cannabis investment firms that do the same thing. Soon, GRN will use public shareholders as well as private investors to grow their company. That's a good thing.
Recent GRNF News
- GRN HOLDING CORP ANNOUNCES JOINT VENTURE WITH ONE WORLD LEGENDS ON GLOBAL DISTRIBUTION OF CANNABIS • InvestorsHub NewsWire • 08/15/2023 01:00:00 PM
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM