GreenGro Technologies Inc (GRNH)

[neophyte184]

Glad to hear it MrBruce,

I believe that you are vested here for the long haul, which IMO, is a very astute stance to take.

I would disagree though about what has cause the "rather" modest increases as of late in this sector. In truth, the increases are actually negligible if you look at the historical stock prices of all the MMJ stocks in this sector.

Actually, GRNH is the only one that hasn't produced some news of its own yet has been appreciating in price recently. This I attribute to simply having such a wonderful SS that even the tiniest of volume spikes (which you must agree this past week has been for GRNH) has helped to foster an appreciable gapper.

I would say trying to compare the runs lately to P-19 in any way is a gross overstatement for a variety of reasons that I don't have the time to go into right now. But I will say that when P-19 was happening, all the stocks ran significantly, whereas recently, only the stocks that had their own news ran.

Also, not many people knew about the 1550 bill, and as I said, I had alerted the board back in the beginning of March that 1550 had died in committee according to Mr Philip Dawdy. Here is the email I received from him:

"3-1-11
Thanks for writing. HB 1550 died in committee last week. As for
I-1135, we should begin circulation fairly soon and look forward to being on the ballot in November.

Thanks again

Philip"


MJNA and PCIO were both down as a side effect of the combination of a lack of additional news coming from MJNA to keep the run going, as well as the typical fib retracement that a stock whose share price has spiked over 400% typically does (and PCIO is a subsid of MJNA, so their action is obviously tethered to MJNA's). I am assuming you are aware of why MJNA's stock price rose so dramatically....

Bottom line is I-1135 is alive and well, and is more inline with the kind of ballot initiative that P-19 became. They have made this initiative a more well-written document taking the mistakes of the previous attempts and correcting them. I will be working on garnering additional info on this new push and will post to the board when I have what I need.

Thank you for sharing your thoughts in any case, and as you said, I look forward to very fruitful market activity to come for GRNH and the sector at large.

Enjoy the day,

Neo