Replies to post #261 on Green Growth Brands Inc (GGBXF)

[seriousabout]

Here are the Published terms of the convertible note in the Florida deal:

The Convertible Secured Promissory Note shall have a maturity date of 12 months following the date of closing, and be convertible, on the maturity date, at the option of Spring Oaks, into common shares of GGB at a conversion rate equal to the greater of (i) USD$5.00 (CAD $6.73) per common share and (ii) the closing market price of a GGB common share on the CSE on the trading day immediately prior to the Note's maturity date, less fifteen percent. The Consideration Shares shall be subject to lock-up agreement for 16 months following the date of closing

[JohnCM]

My double bagger call. 90 days max.

[alabama96]

The two market makers OTCX and VALX are playing both sides and IMO have driven the price down. Every day on level two they are on the buy for a considerable amount of shares and also on the ask for the same amount they are on the bid for. Here is a screenshot I took at the end of May. Of course the Market Makers excuse would be they are trying to find a price range where retail buyer consistently buy the stock, but IMO that is BS. Sorry for the large picture. Posting from my phone and can’t resize.