Replies to post #29579 on GL Brands Inc. (fka GRLB)

[WiseTrader]

auction for the sale of its to-be-issued new equity interests of the reorganized Company

current commons all worthless

[WiseTrader]

Previously GL Brands, Inc. (the "Company") filed a Bankruptcy Plan of Reorganization under which the Company's incumbent shares would all be canceled, the incumbent shareholders would lose all interest in the Company and new equity would be issued in the reorganized Company in exchange for cash payments to the Company approved by the Court through the Plan of Reorganization.