InvestorsHub Logo

shotsky

09/19/18 10:31 AM

#105870 RE: Garpeters #105869

If you go back over the last year's worth of filings and PR's (and tweets), you will see that TGGI is a holding company, and BDCI was partially owned by TGGI. A decision was made to spin BDCI off separately, then it would merge with Cannabis Consortium, or whatever names they are using now. The FOCUS, though, was on BDCI and CC, which is plainly evident over the last year. TGGI was sitting on the sidelines while BDCI was being brought up to speed. That is almost done now, and TGGI is beginning to be brought up to speed now. Matt just chose to get the BDCI side done first, and now it's TGGI's turn. As CEO of both, he obviously set his priorities based on his expectation that CC would bring more revenue, sooner, than TGGI could. TGGI's 100M shares of BDCI is a valuable asset, and, when the time is right, some of that will be used to fund TGGI operations, including buying the device rights.
It is all unfolding in front of our eyes, but some folks have not taken the time to understand what has been happening, and why. It all makes sense to me - when you are CEO of two public companies, you probably prioritize to maximize revenue in one first, then the other.