Replies to post #16637 on Marijuana Inc (MAJI)

[Carjockey2]

Well I've been banging the table and had patience since .06

It's work so far and we haven't even gotten out of the starting gate...

$DCGD

[BeamMeUpScotty]

Mr Costello hasn’t filed for the ticker and name change yet.

Please understand he’s deliberately broken up just the process of filing for changing the company name and ticker into three parts that can each have its own 8K.

1) Filing an 8K to say they intend to change the company name and the ticker. Done

2) Next they will file an 8K WHEN they have actually submitted the paperwork to the DTCC and FINRA. Not completed.

3) When the company name change and new ticker is assigned then they will put out a final 8K saying both have been granted as of ...... date. Not completed.

Ok so what is holding up the submission of the paperwork to FINRA and the DTCC?

As I’ve spent a heck of a lot of time on this board over the last month I’ve gotten quite a feel for the way Mr Costello does business. Here’s my take on why we haven’t seen the 8k saying that they have submitted the requests to make the changes.

I personally believe that what Mr Costello wants to reverse into the shell is multifaceted. I believe that there will be a component of more dispensaries being joined together but a greater number than the 12 he previously sold as one company 2 years ago.

As I said when discussing this deal in my early days here I said my own personal feeling was that Mr Costello had gotten the idea to uplist after selling those 12 dispensaries and seeing what TLRY did when it ran to $300!

I personally get the impression that he wanted to make a name for himself by bringing more medical marijuana dispensaries together in a larger deal. He viewed that earlier deal as a trial run and learned a lot from it.

Next he’s expanding the payment processing side of the company as well. That’s another part of the reverse merger.

Then he’s got the hedge fund which I believe he plays an active role in managing and also trading the funds from his desktop computer.

Ok next I think they also want to become the go to one stop shop for anyone starting up in the marijuana business. I believe with their attorney on board they can achieve this. That will be their consulting arm.

As you can see in my analysis this deal has four parts which in my view are still moving parts - meaning that the exact way that they all become part of the company has not yet been put into writing in a formal agreement or agreements as required but is being worked on.

Here’s my take. Until all the assets that Mr Costello wishes to bring into the reverse merger are finalised into signed contracts he’s not going to file for the ticker and company name change.

Why do I say that because at the point where Mr Costello files for those two changes to be made he will be putting HIS company name on the OTC stock name and removing the name DCGD from existence and replacing it with something else relating to GRN.

LET ME MAKE THIS CLEAR. In no way am I saying for one moment that I don’t believe that the deal will not get done.

However, my take is that he won’t file for both the name and ticker changes until he has finalised exactly absolutely everything that he’s reversing into the shell.

People need to be patient and stop overhyping the stock all weekend because it rose a few cents on Friday because folks buy in on Friday incase news hits first thing on Monday and when it doesn’t they sell. See if it doesn’t happen every Monday?

We’ve really just got to be patient and let this play out at Mr Costello’s pace not instantly as some keep expecting.