Replies to post #7251 on GL Brands Inc. (fka GRLB)

[la_trader]

WHAT?!! 100% wrong..so wrong..hugely wrong. ***none of what you state can take place without REQUIRED public SEC filings well in advance! An 8k or Form D at very least.***

from pr:
"has absolutely no toxic debt and no convertible note"

From latest 10Q:
"The Company is in the process of securing working capital from investors for common
stock......"

1. selling existing common shares to investors is not dilution. these are existing shares currently on the open market, held by the TA. same shares we buy and sell through online trading. the company can sell a block of these shares to an investor as paper shares, and they are the same shares from the existing OS. not new shares. and these paper shares carry a 6 month restriction from being able to sell them so thy actually BENEFIT sharehlders by locking up some of the OS / lowering the float.

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We can see in the filing there are millions of unexercised warrants outstanding.

So it appears they are continuing to do private placements which include warrants. This is Dilution, just not of the type called convertible note instruments.

2. that is completely untrue. there CANNOT be private placements without filings. holding warrants and even granting warrants to execs or key investors is normal for any public company.
There have been NO filings and it has been officially stated there is no toxic debt or outstanding notes. FRLF is fully audited and trades on the QB. this cannot be lied about without going to jail.

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So they are continuing to dilute the stock which pressures the price down. I would call that toxic equity debt but you can call it whatever you want.

3. I call it "not understanding stocks and public companies"!



FRLF