Replies to post #39889 on Marijuana Inc (MAJI)

[DWillie]

You didn't answer the question. How should they go public, if not this way? What is the better path?

Curaleaf Holdings, the largest pot company in the world with 1B/year projected revenue, took over LDVTF last year and opened at around $9.00 per share on the OTC. I should know because I bought it then.

As has become somewhat common in the marijuana industry, Curaleaf's debut wasn't a traditional initial public offering (IPO). Rather, it debuted on the CSE via a reverse merger with Lead Ventures. A reverse merger involves a private company purchasing a publicly traded company (typically a shell company with little or no operations). This allows the private company to bypass the lengthy process of going public and gives it quicker access to capital via publicly traded markets.

https://www.fool.com/investing/2018/10/31/this-is-the-biggest-marijuana-stock-ipo-in-history.aspx

[winnaar123]

If you do not understand the method of a clean shell that merges with GRN HOLDING CORP ... then I will explain it again.
J. Costello has purchased a clean shell for $ 300k and owner now of 139 million shares that he will use to legally add more funds, companies, in a legal and inexpensive way, that's called a HOLDING ... that's why DCGD now GRN HOLDING CORP. is called.

Definition of a clean shell DCGD that merger with GRN FUND and have already a name change GRN HOLDING CORP now.

A shell company that has no obligations or other negative characteristics as perceived by an operational company that wants to merge with it.

Additional comments:

Start with a clean shell from a public limited company. Many shells are made for the express purpose of merging with a private company. These shells have no predecessor entities and, as a result, little luggage in the way of a business failure or other skeletons in the cupboards.

ok, when you understand this then you know J. Costello buy DCGD for only one reason ...
The company DCGD was sold on a listed clean scale to achieve rapid liquidity for the owners ... it's just a legal and easy way to buy a clean shell without obligations for only $ 300k and used for future grow.

And yes..J.Costello will bring alot of $$$ into this clean shell to created shareholders value and liquidity when you believe it or not!

We trade on dollarland now and 98% of these buying are NOT ihub money but institutionals and big investors that load for $100-300!

have a nice weekend.