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God_Father

05/30/20 11:17 AM

#9348 RE: God_Father #9341

Also, look at the Fincann.com website. They have an entire ecosystem for opening MJ friendly merchant or business accounts, and collecting a 0.25 to 2.5% on maintenance fees. They managed to generate several millions in revenue but they have a huge untapped banking opportunity in investment banking which is where Leslie comes in. Additionally, Leslie can bring FinCann business and opportunities by tapping into his network and bring that revenue through the JV. The more I think about their business model, the more this all makes sense.


Incase you need to brushen up on your definitions:
What Is Investment Banking?

Investment banking is a specific division of banking related to the creation of capital for other companies, governments and other entities. Investment banks underwrite new debt and equity securities for all types of corporations, aid in the sale of securities, and help to facilitate mergers and acquisitions, reorganizations and broker trades for both institutions and private investors. Investment banks also provide guidance to issuers regarding the issue and placement of stock

ClarkKant

05/30/20 11:22 AM

#9349 RE: God_Father #9341

It seem $GR*F & FINCANN attempted a JV last fall but Fincann quickly pulled the plug once they found out the CEO (Costello), a notorious penny stock company scammer was at the head of the operations. Costello recently resigned from GRNF and looks to be facing one or more investigations.

The difference with the JV here is that we have Leslie which i assume is a lesson learned by Fincann and the whole Costello fiasco....deal with a reputable CEO, right?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152563583&txt2find=fincann

https://www.trendsmap.com/twitter/tweet/1235080264826540032

What happened to the Fincann deal - why did Nathaniel Gurien quickly remove the GRNF press release from their website - did Gurien find the skeletons in the Costello closet?

From the press release:

"The joint venture will be a 51% stake owned by
GRN Funds, LLC, its subsidiary Pacific Merchant Processing, inc (PMP). will manage the operational end of the business for the Joint Venture and a 49% stake owned by FINCANN Corp. which will manage all marketing, affiliate, and sales operations. The expected first year processing volume will be approximately $500,000,000 to $750,000,000."


And now Fincann removes the press release and there isn't anything on the Fincann website about GRNF.


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152563583&txt2find=fincann

Major_Bankz

06/08/20 9:26 AM

#11604 RE: God_Father #9341

this play is solid, i will not be here if this one is not :-)

BahamaPete

03/14/21 7:43 PM

#26193 RE: God_Father #9341

Thank you for your thoughts, Fincann revenue looking very good!

GOT $INQD