Green Bridge Industries Inc (GRBG)

[enzymesarecool]

So Mr Gubb buys half of his own companies with your money and it is good news...for who?

Let's see what is left out of the PRs.

Assets = $1.2 million - I wonder what liabilities are so we can find out NET assets or NET debt. There must be liabilities or he is giving away money since you are paying less than 50% of assets stated.

The leasing company owns the 50,000 sq ft building and leases it to the brush company. Wonder what they charge them and if that revenue is being counted in the $2 million in revenue? If so, it should not be since it is internal revenue and never available to external shareholders. Wonder when the last appraisal was done on the building?

$450,000 of preferreds. Anyone do the math and figure out how many common shares Mr Gubb will now have that he can sell.

$2 million of combined revenue...wonder if any of it is profitable?

Enquiring minds should want to know this as they are details that are left out that would allow you to now if you got a good deal or got played by a CEO who was looking for an exit strategy on his own terms and in his favor.