Posted On: 04/28/2015 7:44:46 PM
Post# of 7775
Re: Positivevibes #6466
Quite, simply this
"What do you guys make of this?"
Green Cures Inc. (GCI) having received a certain amount of shares in the initial business change over and as majority shareholder.
Note specifically some 8 million common unrestricted shares, they held from the financial filings.
Sold those shares into the market.
Note specifically in later filings they (GCI), no longer were recorded has holding those 8 million common shares.
As they proceeded to loan the money's, received from the selling of those shares, to Green Cures and Botanical Distribution Inc. (GRCU), for convertible debt notes also recorded in the financial filings.
While later converting those notes to restricted shares (21 plus million) at a rate of .005 cents per share, which they are currently in possession of.
"peace"
"What do you guys make of this?"
Quote:
We would like to start by reminding you that we have never done an IPO, and have not sold any shares in the open market to finance our operations for the past year. Instead, our operations have been financed by our network of long term and friendly investors, who have provided financing to our company in an as needed basis; as shown in the quarterly financial statements. The shares that you bought or that you are holding, are not shares that our company sold. The shares that you bought we sold to you by whoever that was holding them, at the time that you decided to purchase your position.
Green Cures Inc. (GCI) having received a certain amount of shares in the initial business change over and as majority shareholder.
Note specifically some 8 million common unrestricted shares, they held from the financial filings.
Sold those shares into the market.
Note specifically in later filings they (GCI), no longer were recorded has holding those 8 million common shares.
As they proceeded to loan the money's, received from the selling of those shares, to Green Cures and Botanical Distribution Inc. (GRCU), for convertible debt notes also recorded in the financial filings.
While later converting those notes to restricted shares (21 plus million) at a rate of .005 cents per share, which they are currently in possession of.
"peace"
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