GRN Holding Corp (GRNF)

[Inorout]

GRNF’s Annual Report is due in 2 weeks, on July 30th. I did some checking of GRNF’s Quarterly Reports including the company’s most recent filing and GRNF for the entire year reporting assets worth $0, sales of $0 and a cash position of $0.

How does anyone justify GRNF’s current valuation of $70,000,000 when GRNF has assets valued at $0, sales of $0, and has $0 in the bank?

I’m just amazed there are people that will pay a $70,000,000 valuation when GRNF has absolutely nothing in the company.

Why do some people think $0 assets, $0 sales and $0 cash is worth $70,000,000 today?

I think it’s funny.