In the article below there is the a statement that Lazarus Management has filed to purchase 22% of GBLX shares. If you look at the GBLX insider transactions on the OTC site it looks like up until Oct. 2014 LAZARUS ISRAEL OPPORTUNITIES FUND and LAZARUS MANAGEMENT CO LLC (maybe the same group?) were actively buying shares; approx. 1.6 Million in total. I was under the impression however that LAZARUS had decided to bail out since GBLX was not awarded the Nevada state dispensary license. I even remember seeing in a recent 8K that they were selling some off shares. So now if they are back in, that could be an indication of good things to come.
According to OTC LAZARUS ISRAEL OPPORTUNITIES FUND LLLP holds 1.4 Million shares and LAZARUS MANAGEMENT CO LLC has 240K share.
Excerpt from the article. Growblox Sciences Inc (OTCMKTS:GBLX) has announced the launch of its new corporate website. As per the new website, the company has three operating divisions. These include GB Sciences, GB Solutions and GB Products. Additionally, Lazarus Management Co LLC, has filed to purchase 22.3% of Growblox shares. The move reflects Lazarus’s confidence in the growing cannabis company.
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