Grown Rogue Intl. Inc. (GRUSF)

[rickkei]

I'd love to hear where you heard the well had been completed/frac'd.

The share holder meeting that you can find on the company website, asks the board for permission for both a 1 for 4 or a 4 for one stock split and they doubled the amount of shares.

http://www.eagleford.com/docs/annual-meeting/annual-meeting-notice-circular.pdf


The investment appears to of halved in value which WAS put at 2.5 a share before these decisions, is now arguably 1.25.

My opinion is that the company doesnt have the resources to frac the first well, until they had permission to dilute. Surely, we'll be hearing a really good spin on the whole thing from the company sometime this week, i would guess. Hopefully this company and its CEO can navigate the cash flow thing while maintaining shareholder value.