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Supermeatball

12/26/17 11:25 AM

#4395 RE: Shaark #4394

In Fairness judging by Mr Poss's performance he seems to be running this business with good intentions. also the 1.5 million a quarter is still based on 25% capacity of the 28000 foot facility and doesn't include LSU or California. we don't know what he's intending to do with the 150 million shares if he dumps them on the market he's diluting but he may be using them to purchase other Grow Ups or to raise "SOME" capital. I'm not so quick to think MR.POSS is Just diluting the stock by his past track record. Just my opinion.
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DropLine

12/26/17 1:07 PM

#4397 RE: Shaark #4394

As far as the share increase, lets not put the cart in front of the horse...

You're assuming the plan is full dilution which judging by the markets reaction is not going to happen... I like their strategy here, it makes sense... Expansion, acquisition, operations etc... bottom line we are basically guaranteed $GBLX will continue to grow... Yes dilution sucks... unfortunately that's part of investing in a Federally illegal industry that has no banking or source of funding other than private equity deals and stock...

Looks like $GBLX is dollar bound regardless... This stock was basically dead a few months back... the volume and the price movement speaks for itself...

GO $GBLX!... gem in the rough here!...