GRCU Stock Alert 08/19/2014 02:25:54 $GRCU
Just a newbie anyone Ig are u out there?
Im not an OTC guy and I read the yield sign rules and I still think there is someone who knows the real answer to this. No one seems to have the right answer. As I understand it the share price has to be above.01 for a year was it? The attorney letter was filed in feb so I think we have that covered. It seems as though we will have to wait 6 months from that time (which has already passed) and file quarterly reports on time which was accomplished. I am long not bashing just seems like we need a definitive answer to this. When you read through the OTC markets requirements they are a little confusing anyone?
That was half the volume the rest were scalpers. Because when you flip you make real money.
Nothing to do with it
Because we have not filed proper paperwork nor have we made money to maintain minimum share price required by nasdaq.
Fantastic post schiebur But the "only" reason this will become reality is the point you made here. Because this country is f'n broke and starving for tax revenue. Same as it was is in the 1930's history repeating itself to the T.
With so many areas of the economy reeling from the "new normal", in which the industries that created jobs simply don't return, the revenue potential from selling pot is attractive. Many state politicians are also looking to the substance, realizing that taxing it could bring in much needed revenue, just as the alcohol tax was a boon for the government after the repeal of Prohibition.
Period. and of course the fact that the new "elderly elite" politicans grew up in the sixties. As you point out generational.
Right on schieber!
People with no stones sold! LOL
I just figured otc companies had to have some kind of bad debt, because they usually do.
Anyone who has been watching things develop here over the past x amount of months knows what's being put together...even the ones that have blasted this company have bought shares cause EVERYONE knows what direction we are going...little hiccups aside they are doing what they can...
Must read article for MMJ investors
<show caption >
A A A (resize font)
Editor's Note: Julian Zelizer is a political historian at Princeton University and a New America Foundation fellow. He is the author of the forthcoming book, "The Fierce Urgency of Now: Lyndon Johnson, Congress and the Battle for the Great Society." The opinions expressed in this commentary are solely those of the author.
(CNN) - A few decades ago, marijuana was a topic that relatively few people, mostly counterculture musicians and comedians, spoke about in public. The comedy team of Cheech and Chong made films such as "Up in Smoke" that extolled the pleasures of smoking pot at a time the subject was still taboo.
"When trouble times begin to bother me," they sang, "I take a toke and all my cares go up in smoke." On the fringes of American society, it was usually possible to find activists who wanted to legalize it, as the reggae artist Peter Tosh famously sang. Efforts to legalize the substance in the mid-1970s failed.
Now marijuana has gone mainstream. Twenty three states and the District of Columbia have legalized medical marijuana. Colorado and Washington have legalized pot for recreational use. The media has featured lively debate over the issue.
Joining other media outlets that have run articles supporting this cause, The New York Times editorial page published a number of high-profile pieces that call for making pot legal at the national level and outline specific steps that should be taken to ensure that the industry evolves in a safe manner.
How did we reach this point? How have we come to the brink of ending the national prohibition against a drug that has been roundly condemned for years as a grave danger to health and a gateway to drugs that can be devastating over time?
Here are eight reasons:
1. Generational change: The baby boomers are now the grandparents in the room. This is one of the most important factors driving the national debate.
Baby boomers grew up in an era when the use of pot was quite common. Even if a person from this generation did not smoke themselves, they knew someone -- often friends or family -- who did. According to a Pew Poll released in April, 52% of baby boomers favor legalization.
Martin Lee who directs the medical marijuana information service, Project CBD, said, "It's not just long-haired rebels and stoners. It's Mom and Dad, Republicans and Democrats, a real slice of America."
Their parents, who were more staunchly opposed to allowing this drug to be used, are now extremely elderly or deceased. With a gray generation that is more comfortable with the drug being used and sees it as not being greatly different than alcohol, the tenor of the debate changes. Younger and middle aged Americans don't find much pushback. With 69% of millennials supporting legalization, according to the same Pew poll, the opposition to legalization keeps falling.
Opinion: A risk not worth taking
2. The War on Drugs has failed: Many experts agree that the War on Drugs, launched under President Richard Nixon, has been a complete failure.
Often compared to the Prohibition Era, when Congress tried to ban alcohol, it has been clear that the focus on the legality of the sale and use of drugs -- rather than on the provision of services to addicts -- has resulted in bloated prisons and hugely expensive policing operations, neither of which have really stemmed the sale of these substances. Indeed, the fact that drugs such as marijuana have been illegal has spurred an unregulated criminal market that preys on disadvantaged Americans who often depend on this as a source of money.
While the danger of drugs such as heroin produces genuine confusion as to what the best alternative is, with lesser drugs such as marijuana, the best option seems clear: eliminate the laws. Opponents of legalizing pot are in the position of defending a failed approach to public policy.
3. The prison-industrial complex: The failure of the War on Drugs has been part of the reason that we have seen in the explosive growth of the prison-industrial complex that incarcerates millions of Americans, including a disproportionate number of African-American inmates.
Much of the push to legalize pot has come from the realization that imprisoning Americans for selling pot, with overflowing federal prisons that become training grounds for young men and women for a life of crime, is a bad idea.
4. States as laboratories of experimentation: With great frustration over national drug policy, the states took the lead. This has often been the case when areas of policy are broken and the federal government is too gridlocked to do anything about it. Over the past decade, numerous states have legalized the use of marijuana for medical purposes and most recently, in Colorado and Washington, for recreational purposes.
Each time a state government takes this step, it gives the cause more legitimacy. Each time more citizens live with legal marijuana and and life goes on without the change causing any great crises. The states offer models to other states, and perhaps the federal government, as to how to legalize pot.
Opinion: Pot is legal and sky hasn't fallen
5. Medical research: Thus far, there is no medical evidence that the drug has horrendous effects if used in moderation and, just as important, it has been shown to be much safer both in its effects and aftereffects than legal substances such as alcohol. Moreover, there is growing evidence that the drug can be used to help with ailments such as glaucoma, MS, severe migraines and other kinds of diseases.
To be sure, the verdict is still out and research must continue. But at this point there is not sufficient evidence to justify the ban.
6. Market incentives: As with almost everything else in the United States, markets can have a powerful impact on public opinion. The fact is that the legal marijuana market can mean big business for producers and sellers of the product in the United States. One expert predicted that the marijuana business, estimated at $1.5 billion in 2013, could reach $10 billion by 2018.
The New York Times reports that startups have been taking advantage of the opportunities in this growing industry where major corporations have not taken charge.
With so many areas of the economy reeling from the "new normal", in which the industries that created jobs simply don't return, the revenue potential from selling pot is attractive. Many state politicians are also looking to the substance, realizing that taxing it could bring in much needed revenue, just as the alcohol tax was a boon for the government after the repeal of Prohibition.
7. Pop culture: When it comes to social change, popular culture matters. Many commentators have noticed the impact that the increasingly widespread depiction of homosexual characters in movies and television had on social attitudes. The same is true with pot.
Of course, drug use has a longer place in popular culture. Musicians from the 1960s were already extolling the drug long before it was mainstream. One just has to listen to Simon and Garfunkel's famous concert in Central Park, where they thank the drug dealers, to find this history.
But pot use has also become more familiar in mainstream movies (such as the hit television show "Weeds" and films by Judd Apatow) without great stigma. Television shows such as "Mad Men," "The Office," and "Shameless" have featured characters smoking pot without it being a focus of the show.
8. Opinion makers: With all the pieces in place, the opinion makers have jumped in as well. More and more editors, journalists and reporters are talking about pot as if it is something that can and should be be legalized.
The probability that the national prohibition on marijuana will end is becoming greater every day. It is almost inconceivable to imagine that it will last much more than a few years.
This has been a long process, one where many factors have converged to transform the way that we think of a law and a substance. The important next step will to give as much attention to the way we handle legal markets once they are in place.
Read CNNOpinion's new Flipboard magazine.
Follow us on Twitter @CNNOpinion.
Join us on Facebook.com/CNNOpinion.
CNN Home
Green Cures would not yet qualify for a higher level exchange, such as Nasdaq, due to their more stringent listing requirements such as:
-Pre tax earnings requirements
-Aggregate cash flow requirements
-Market capitalization requirements
This is why many microcap companies settle for an OTC listing... the listing requirements are far less demanding. This is also the reason why so few OTC companies ever uplist to a higher exchange. Few, if any, ever qualify.
Quote:
K So why are we traded on the OTC's?
GRCU
Thank u Stervc, it's all in black and white.
Long GRCU.
K So why are we traded on the OTC's?
PositiveVibes - the $35 mil is from previous company. GRCU bought the shell and therefore get to use this $35 mil as a NOL or net operating loss that can be used to offset future income of GRCU. This makes it an asset that as they will probably save around $10 mil income that would have been taxes paid. This makes the stock worth at least .02 per share. Do your DD because you are way off base here on this.
damn, grcu is a pretty bad stock.
everyone has already made the claims why, but here ya go;
allcbd was launched with poor design and no inventory. repeat, no inventory..
they don't have products to sell.
the site is a disaster. they could have had a intern produce a better site..
did meki make this site or her boy/girl toy?
seriously, this company is a bunch of weirdos...
grcu has proven to be a fraud..
if its halted soon, i would not be surprised.
Why we are not selling CBD right now could be due to a few different things. 1. Bob wants to make 100% sure that our products are compliant with the US laws before the big launch. 2. Bob does not want to launch our product due to pissing off a competitor. If this is the case, Bob wants to sell the company. 3. Bob wants to create tension before the big launch tomorrow.
4. We sold out immediately after launch Friday
Why are we on the OTC's? We may or may not have a 35 million deficit. Is this a bad thing? No. The creditors need to get their $ back and if we don't succeed as a company that is not going to happen. If it is found we do not have a liability, for the 35 mil, the company will not be traded on the OTC pinks, we will be headed to the big boards.
Take a wild guess at how Calkin can make people believe the significance of the Q2 financials? IMO today's action was no different than if the financials or website never made it on time. Might have been a bit worse in that case but IMO not much! Where were all the Bulls today to offset the Bears? Trades below:
I sent a few emails today and got no reply. I guess I am guilty also. I'm gonna stop bothering GRCU and let them do their job.
Just a newbie anyone Ig are u out there?
Im not an OTC guy and I read the yield sign rules and I still think there is someone who knows the real answer to this. No one seems to have the right answer. As I understand it the share price has to be above.01 for a year was it? The attorney letter was filed in feb so I think we have that covered. It seems as though we will have to wait 6 months from that time (which has already passed) and file quarterly reports on time which was accomplished. I am long not bashing just seems like we need a definitive answer to this. When you read through the OTC markets requirements they are a little confusing anyone?
That was half the volume the rest were scalpers. Because when you flip you make real money.
Nothing to do with it
Because we have not filed proper paperwork nor have we made money to maintain minimum share price required by nasdaq.
Fantastic post schiebur But the "only" reason this will become reality is the point you made here. Because this country is f'n broke and starving for tax revenue. Same as it was is in the 1930's history repeating itself to the T.
With so many areas of the economy reeling from the "new normal", in which the industries that created jobs simply don't return, the revenue potential from selling pot is attractive. Many state politicians are also looking to the substance, realizing that taxing it could bring in much needed revenue, just as the alcohol tax was a boon for the government after the repeal of Prohibition.
Period. and of course the fact that the new "elderly elite" politicans grew up in the sixties. As you point out generational.
Right on schieber!
People with no stones sold! LOL
I just figured otc companies had to have some kind of bad debt, because they usually do.
Anyone who has been watching things develop here over the past x amount of months knows what's being put together...even the ones that have blasted this company have bought shares cause EVERYONE knows what direction we are going...little hiccups aside they are doing what they can...
Must read article for MMJ investors
<show caption >
A A A (resize font)
Editor's Note: Julian Zelizer is a political historian at Princeton University and a New America Foundation fellow. He is the author of the forthcoming book, "The Fierce Urgency of Now: Lyndon Johnson, Congress and the Battle for the Great Society." The opinions expressed in this commentary are solely those of the author.
(CNN) - A few decades ago, marijuana was a topic that relatively few people, mostly counterculture musicians and comedians, spoke about in public. The comedy team of Cheech and Chong made films such as "Up in Smoke" that extolled the pleasures of smoking pot at a time the subject was still taboo.
"When trouble times begin to bother me," they sang, "I take a toke and all my cares go up in smoke." On the fringes of American society, it was usually possible to find activists who wanted to legalize it, as the reggae artist Peter Tosh famously sang. Efforts to legalize the substance in the mid-1970s failed.
Now marijuana has gone mainstream. Twenty three states and the District of Columbia have legalized medical marijuana. Colorado and Washington have legalized pot for recreational use. The media has featured lively debate over the issue.
Joining other media outlets that have run articles supporting this cause, The New York Times editorial page published a number of high-profile pieces that call for making pot legal at the national level and outline specific steps that should be taken to ensure that the industry evolves in a safe manner.
How did we reach this point? How have we come to the brink of ending the national prohibition against a drug that has been roundly condemned for years as a grave danger to health and a gateway to drugs that can be devastating over time?
Here are eight reasons:
1. Generational change: The baby boomers are now the grandparents in the room. This is one of the most important factors driving the national debate.
Baby boomers grew up in an era when the use of pot was quite common. Even if a person from this generation did not smoke themselves, they knew someone -- often friends or family -- who did. According to a Pew Poll released in April, 52% of baby boomers favor legalization.
Martin Lee who directs the medical marijuana information service, Project CBD, said, "It's not just long-haired rebels and stoners. It's Mom and Dad, Republicans and Democrats, a real slice of America."
Their parents, who were more staunchly opposed to allowing this drug to be used, are now extremely elderly or deceased. With a gray generation that is more comfortable with the drug being used and sees it as not being greatly different than alcohol, the tenor of the debate changes. Younger and middle aged Americans don't find much pushback. With 69% of millennials supporting legalization, according to the same Pew poll, the opposition to legalization keeps falling.
Opinion: A risk not worth taking
2. The War on Drugs has failed: Many experts agree that the War on Drugs, launched under President Richard Nixon, has been a complete failure.
Often compared to the Prohibition Era, when Congress tried to ban alcohol, it has been clear that the focus on the legality of the sale and use of drugs -- rather than on the provision of services to addicts -- has resulted in bloated prisons and hugely expensive policing operations, neither of which have really stemmed the sale of these substances. Indeed, the fact that drugs such as marijuana have been illegal has spurred an unregulated criminal market that preys on disadvantaged Americans who often depend on this as a source of money.
While the danger of drugs such as heroin produces genuine confusion as to what the best alternative is, with lesser drugs such as marijuana, the best option seems clear: eliminate the laws. Opponents of legalizing pot are in the position of defending a failed approach to public policy.
3. The prison-industrial complex: The failure of the War on Drugs has been part of the reason that we have seen in the explosive growth of the prison-industrial complex that incarcerates millions of Americans, including a disproportionate number of African-American inmates.
Much of the push to legalize pot has come from the realization that imprisoning Americans for selling pot, with overflowing federal prisons that become training grounds for young men and women for a life of crime, is a bad idea.
4. States as laboratories of experimentation: With great frustration over national drug policy, the states took the lead. This has often been the case when areas of policy are broken and the federal government is too gridlocked to do anything about it. Over the past decade, numerous states have legalized the use of marijuana for medical purposes and most recently, in Colorado and Washington, for recreational purposes.
Each time a state government takes this step, it gives the cause more legitimacy. Each time more citizens live with legal marijuana and and life goes on without the change causing any great crises. The states offer models to other states, and perhaps the federal government, as to how to legalize pot.
Opinion: Pot is legal and sky hasn't fallen
5. Medical research: Thus far, there is no medical evidence that the drug has horrendous effects if used in moderation and, just as important, it has been shown to be much safer both in its effects and aftereffects than legal substances such as alcohol. Moreover, there is growing evidence that the drug can be used to help with ailments such as glaucoma, MS, severe migraines and other kinds of diseases.
To be sure, the verdict is still out and research must continue. But at this point there is not sufficient evidence to justify the ban.
6. Market incentives: As with almost everything else in the United States, markets can have a powerful impact on public opinion. The fact is that the legal marijuana market can mean big business for producers and sellers of the product in the United States. One expert predicted that the marijuana business, estimated at $1.5 billion in 2013, could reach $10 billion by 2018.
The New York Times reports that startups have been taking advantage of the opportunities in this growing industry where major corporations have not taken charge.
With so many areas of the economy reeling from the "new normal", in which the industries that created jobs simply don't return, the revenue potential from selling pot is attractive. Many state politicians are also looking to the substance, realizing that taxing it could bring in much needed revenue, just as the alcohol tax was a boon for the government after the repeal of Prohibition.
7. Pop culture: When it comes to social change, popular culture matters. Many commentators have noticed the impact that the increasingly widespread depiction of homosexual characters in movies and television had on social attitudes. The same is true with pot.
Of course, drug use has a longer place in popular culture. Musicians from the 1960s were already extolling the drug long before it was mainstream. One just has to listen to Simon and Garfunkel's famous concert in Central Park, where they thank the drug dealers, to find this history.
But pot use has also become more familiar in mainstream movies (such as the hit television show "Weeds" and films by Judd Apatow) without great stigma. Television shows such as "Mad Men," "The Office," and "Shameless" have featured characters smoking pot without it being a focus of the show.
8. Opinion makers: With all the pieces in place, the opinion makers have jumped in as well. More and more editors, journalists and reporters are talking about pot as if it is something that can and should be be legalized.
The probability that the national prohibition on marijuana will end is becoming greater every day. It is almost inconceivable to imagine that it will last much more than a few years.
This has been a long process, one where many factors have converged to transform the way that we think of a law and a substance. The important next step will to give as much attention to the way we handle legal markets once they are in place.
Read CNNOpinion's new Flipboard magazine.
Follow us on Twitter @CNNOpinion.
Join us on Facebook.com/CNNOpinion.
CNN Home
Green Cures would not yet qualify for a higher level exchange, such as Nasdaq, due to their more stringent listing requirements such as:
-Pre tax earnings requirements
-Aggregate cash flow requirements
-Market capitalization requirements
This is why many microcap companies settle for an OTC listing... the listing requirements are far less demanding. This is also the reason why so few OTC companies ever uplist to a higher exchange. Few, if any, ever qualify.
Quote:
K So why are we traded on the OTC's?
GRCU
Thank u Stervc, it's all in black and white.
Long GRCU.
K So why are we traded on the OTC's?
PositiveVibes - the $35 mil is from previous company. GRCU bought the shell and therefore get to use this $35 mil as a NOL or net operating loss that can be used to offset future income of GRCU. This makes it an asset that as they will probably save around $10 mil income that would have been taxes paid. This makes the stock worth at least .02 per share. Do your DD because you are way off base here on this.
damn, grcu is a pretty bad stock.
everyone has already made the claims why, but here ya go;
allcbd was launched with poor design and no inventory. repeat, no inventory..
they don't have products to sell.
the site is a disaster. they could have had a intern produce a better site..
did meki make this site or her boy/girl toy?
seriously, this company is a bunch of weirdos...
grcu has proven to be a fraud..
if its halted soon, i would not be surprised.
Why we are not selling CBD right now could be due to a few different things. 1. Bob wants to make 100% sure that our products are compliant with the US laws before the big launch. 2. Bob does not want to launch our product due to pissing off a competitor. If this is the case, Bob wants to sell the company. 3. Bob wants to create tension before the big launch tomorrow.
4. We sold out immediately after launch Friday
Why are we on the OTC's? We may or may not have a 35 million deficit. Is this a bad thing? No. The creditors need to get their $ back and if we don't succeed as a company that is not going to happen. If it is found we do not have a liability, for the 35 mil, the company will not be traded on the OTC pinks, we will be headed to the big boards.
Take a wild guess at how Calkin can make people believe the significance of the Q2 financials? IMO today's action was no different than if the financials or website never made it on time. Might have been a bit worse in that case but IMO not much! Where were all the Bulls today to offset the Bears? Trades below:
I sent a few emails today and got no reply. I guess I am guilty also. I'm gonna stop bothering GRCU and let them do their job.
