Replies to post #24575 on GL Brands Inc. (fka GRLB)

[shell3]

I believe Post was about the former Insider Buying as a Form 4 was Filed today on the OTC

But here’s a reason for the Buying and to me it’s a smart Buy and this was from last 10-K last October and I Highlighted in Green what would have expired in less than 3 Months time

The 800,000 and 600,000 shares of common stock were issued on January 18, 2018 and valued at $81,200 and $60,900, respectively. On May 10, 2018, the Company appointed its CFO, Richard Groberg, as a member of the Company’s Board of Directors. In consideration of his appointment, the Company agreed to issue to Mr. Groberg’s entity (1) $50,000 in common stock to vest monthly over a one-year period, at a value of $0.16 per share, for a total of 312,500 shares, and (2) an eighteen-month warrant to acquire 500,000 shares of common stock of the Company at an exercise price of $0.10 per share.

So let’s break the Form 4 down even fewer

He already had 800,000 and 600,000 gave or earned making him 1.4M Shares

We all know the Share totals are screwy in the Form 4 and will probably be re-Filed

His total now should be 1.975M unless he sold some shares and didn’t File selling some of the shares

Time will tell but believe also it will be re-Filed and closer to 1.975M Hold

That is my thought on your question (Whats official)

Hope that helps