Replies to post #34121 on Marijuana Inc (MAJI)

[Mic ll]

Perfect, some don't get it. It's easy to connect

[Werbe]

Justin Costello is the definition of a penny pumper lol. Like the brokered deal earlier, which was just PR magic. It was all fabrications. Paid pump piece.

Respectmyregion first reported on it, which clearly is a paid advertising site for whatever you ask and pay them 2 talk about. Even under one of Justin Costello articles, it says email to ask to HAVE YOUR STORY FEATURED OR YOUR BRAND AND PRODUCTS REVIEWED.

Also, calling any rec/mj shops around here WILL NOT give you any info dude. Theyre minimum wage employees high as mfin kites. They have no knowledge of book keeping, financing or even what payment processing is available. No connection to ownership at all.

Different tack

So what is GRN Funds doing differently in its sale?

Costello said he hasn’t been approached with penny stock deals or reverse-merger proposals because the 12 companies went through 2½ months of due diligence – including underwriting and third-party audits – before launching the sale, first reported by RespectMyRegion.com.

So far he’s had about 150 “serious people” inquire, he said. Costello’s had interest from around the United States as well as Canada and Asia, including inquiries from Singapore and Hong Kong.

He seems most encouraged by working with Washington state-based private hedge funds and equity companies.

“Those are the real people that are your targets,” Costello said.

Before the launch, his firm targeted what he considered applicable buyers.

“We were very surgical about who we approached and how we approached them first before launching them into the open market,” Costello added.

A sale this size could have a major impact on the industry, he said.

“People will see that we’re a big industry and we’re here to stay,” Costello added. “We’re real and it’s possible that businesses in this industry will get in the tens of millions of dollars.”

Bart Schaneman can be reached at [e-mail]