Replies to post #2442 on GB Sciences Inc (GBLX)

[wasdeafonce]

GB held multiple private offerings before and after the RM, these are the 57 listed selling shareholders. All the entities listed here bought in at .50 with options on 1.00/2.00 warrants.They all are under a lock out period. Depending on when that entity bought will determine the time, it's usually 6 months, but can't verify. March was the first offering, so those who bought are nearing their lock out. However, the S1 is a formality with the SEC and must become effective before any selling shareholder can put their shares into the market. So until the SEC scrutinizes the filing no one can sell, and I believe that includes the 'gaming situation' holders/16% partners in GB Nevada.

More discussion is needed on what GB has or will do to handle those two gaming wives shares Pbm. The state has already said if they are under a 10% stake all they need is a background check.
http://www.reviewjournal.com/business/coffin-casino-ban-casts-shadow-medical-pot

Please link that article if you can, hope this helps.