GreenGro Technologies Inc (GRNH)

[livinginstyle]

I saw that too. It is being promoted and probably diluted considering today's news. But, the share structure is laughably low
for a pot stock. About 150 million outstanding and only 26 million float. Compare that to PHOT at over 711 million outstanding and from what I understand a couple more BILLION shares of dilution is coming.

This is a real company with real products and expanding sales and revenue. That's why I bought the stock. It may still have some more down left, but it will recover and surprise when things settle down a bit from today's financing. Thing of it is, no one seems to understand the importance of today's news. When you have a company like this and can exchange shares for money in a closed a non-brokered private placement raising gross proceeds of $875,000 with no death spiral financing, is it really dilution? The funding was completed with accredited investors with the issuance of restricted 144 shares. That $875,000 goes directly to the bottom line. The money now belongs to this company to grow operations. The only thing I don't like is we don't know how many shares are in the deal and how many many of those shares are locked up and for how long. What is the exercise price etc.

But, the share structure is so low for this kinda stock, the deal would really have to suck to hurt us and I doubt that has happened.

Stay strong, give it at least a few days or a week before suffering a loss. I think we will all be happy.