Replies to post #68997 on GRN Holding Corp (GRNF)

[e-ore]

I'll ask again, where's the extra $39,484? There's no liability on the books to account for it. No cash on the books either. No explanation for "Net Cash from Financing Activities 226,381."
What were the "financing activities?" A loan? The couldn't have sold anything because they have $0 assets. Is JC giving them a bunch of cash a "financing activity?"

If it didn't come from JC, would there be an issue?

I would think there would be an issue. That amount of money with no strings attached?

Makes about as much sense as stating in a filing that money is needed to complete the proposed acquisitions, then once that money has been spent, gifting the assets to shareholders