Replies to post #19017 on Greater Cannabis Company Inc (GCAN)

[Common_centz]

It’s a brand new company not surprising

[abe01]

Maybe this section may help you understand again fro 10k april 15th

Dilution from Convertible Note Financing



On February 12, 2019, we issued a convertible note to Eagle Equities, LLC the terms and conditions of which are incorporated by reference in this report as Exhibit 10.1 to our current report on Form 8-K dated February 15, 2019. The note is convertible into shares of our common stock at (depending on certain factors) a 35-45% discount to the market price at the time of conversion. We intend to file in fiscal 2019 a registration statement on Form S-1 to cover the resale of the shares into which the note is convertible. As a result of these transactions, shareholders of the Company may experience substantial dilution.

[Luckyus]

As I stated before that dilution has to happen for 99.99% of the start up companies. Look at Tlry and Acb, how many shares have been diluted?Look at the acb pps and tlry pps. So why are you guys arguing about the dilution every day here?? Give me a break guys!!

Mark this!! Dilution will happen just the matter of time!! End of dilution conversion!!
Thank you!!