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Re: zeithot1 post# 33015

Friday, 03/12/2021 9:22:26 PM

Friday, March 12, 2021 9:22:26 PM

Post# of 33157
Well that's a very good question that I even had to ask myself because as far as I know a reverse split in itself in no way creates more working capital BUT I did a simple Google search and learned something new and you can read it below. This at least gave me some assurance that we weren't being fed a bunch of B.S. But apart from that here's a fact. This year at the Federal level at the very worst, marijuana will be decriminalized and at the very best it will be legalized. If that happens then we can definitely expect both GCGX's to merge as there will no longer be any need for the "Chinese fire wall." Those that have been here awhile no exactly what I'm talking about. I've been here since the SP was at 0.06 and with good news on the horizon there's no way that I'm bailing out now. GLTA

New Issues
The letter D can also indicate a new issue of stock. Seeking to raise capital, companies go to the public stock market to offer their shares. When company stocks (or bonds) appear on stock tables for the first time, the ticker symbol is followed by the letter D. The symbol appears in the quotations issued by the exchange itself. A brokerage quotation, or a quotation appearing in the financial media, may not carry appended symbols. On average, the symbol remains for about 20 business days.