But GRCU pps has been in a downward spiral since the compensation announcement.
Quote:
And when a CEO of an OTC company demonstrates confidence and respect for the stock, the market tends to follow
Okay Thanks! Have a Great weekend
-Pier
GRCU Stock Message Board http://investorshangout.com/Green-Cures-and-B...RCU-67874/
Something shareholders should know about Robert Calkin...
In contrast to GRCU's employment agreements (which align the interest of shareholders with those of the company execs), several of the other OTC stocks I've owned have chosen to book a liability for the CEO's salary (i.e. salaries payable) for several quarters/years, and then the company eventually announces 'great news' via a PR that it is clearing away debt off the books.
Then those companies proceed to issue shares to the CEO to wipe the accumulated salaries payable balance off of the books. And since the stock is usually way down just prior to this 'debt satisfaction' event, the CEO ends up getting several hundred million common shares to wipe the salaries payable off of the books, because the share price is in the crapper.
If, for example, the stock was trading at .0005, a million shares would need to be issued to the CEO to satisfy each $500 owed in back salary. And 100 million shares would need to be issued to satisfy $50k in salaries payable.
By Robert Calkin accepting the static figure of 4 million shares (vested quarterly) for the 12 month period, regardless of the performance of the stock, he has demonstrated his confidence in the value of GRCU stock. And when a CEO of an OTC company demonstrates confidence and respect for the stock, the market tends to follow (because it is such a rarity in OTC land).
As always, simply my opinion.
GRCU
Some Hemp related DD
Green Cures recently announced plans for Hemp related product expansion. Below is some info relating to the enormous potential within the Hemp industry, as well as the continually improving legislative climate in the US.
Having Robert Calkin (a well respected and well connected industry veteran) at the helm, at a time when the US seems to be moving rapidly towards opening the doors wide open for this growing industry, may prove to be the 'perfect storm' for explosive investor gains in the coming months.
'Canada’s hemp economy is already worth a billion dollars annually, and it’s growing 30 percent per year. They can’t keep up with demand (especially American demand) in the field or the processors that render the profitable seed oil.'
'Hemp, Fine says, is a game changing plant that’s going to feed the world and free us from fossil fuels while putting small farmers back to work. The good news, he says, is that the roadblocks to industrial hemp cultivation are collapsing the way Communism did with the Berlin Wall.'
link: http://ecowatch.com/2014/04/25/doug-fine-u-s-...ulous-ddt/
'Benge sells hemp products. The oils and other products are manufactured and imported from overseas. That’s why he’s all for a bill that passed the Michigan House of Representatives.'
link: http://fox17online.com/2014/05/23/hemp-legisl...ate-house/
'So far in the 2014 legislative season, industrial hemp legislation has been introduced or carried over in thirteen states: Arizona, Hawaii, Indiana, Mississippi, Nebraska, New Jersey (carried over from 2013), New York, Oklahoma, South Carolina, Tennessee, Washington (two bills carried over from 2013), West Virginia and Wisconsin.'
link: http://ecowatch.com/2014/02/07/president-sign...zing-hemp/
As an indication of the growing demand, here's a small sampling of some of the hemp/cannabis related beverages that have been introduced to the market by others:
Quote:
'In connection with the announcement on May 16, 2014, management is pleased to announce that Green Cures plans to introduce the company's first hemp-infused energy drink during the third quarter.'
GRCU
The winding road that brought us here...
As painful as this price consolidation near a penny is, IMO it has been a necessary evil over the past few months, for the following reasons.
During the period of Aug 2012 thru Dec 2013, GRCU (formerly TTDZ) traded in the low triple zeros (see chart below). That's 5 complete fiscal quarters of a trading range within the low triple zeros. During that extended period of time, there was least a couple billion shares traded, which represented the entire share structure for the company.
With the entire share structure having been traded in the low triple zero range between Aug 2012 and Dec 2013, there is a very high probability that the vast majority of shareholders had an entry price in the low triple zeros, prior to the price explosion.
Within the 3 month period of Jan 1 2014 and April 1 2014, the share price then ran from .0002 to 4.9 cents. That's a 240x move, which is more than 24,000%. And since that move was preceded by trading of several billion in the low triple zeros which was more than the entire share structure, the huge move upward likely left many original shareholders with huge gains from the triple zero level.
Had the share price been in the low triple zero level only briefly (as some of the OTC stocks experience prior to a huge move), there would not be a large number of shareholder sitting on gains of tens of thousands of percent. But as we know from the historical chart (see below), there was a period well in excess of a year with the stock trading in the low triple zeros for shares to be acquired.
I think it is because of this price history that we have been seeing the stock drift downward over the past few months. I believe that on most days, there's probably a couple of million shares that were originally picked up in the low triple zeros being sold at the bid. While some are questioning why would some people be selling each day with such future potential, the answer is that even around one penny, an original low triple zero buyer is clearing 20 to 50x their original purchase amount. And with an uncertain future, and a declining stock price, who could blame them.
I do believe that most of those original buyers (with an entry point in the low triple zeros) have been flushed from the system, and we should begin to see share price appreciation in the near future.
As always simply my opinion.
GRCU
Have you ever owned this stock? TIA -Pier
Either it's still 10000% run this year !! Now with all the progress done we could see at least another 10000% run next year !!
Abismanto, that 49,000% was only after the original hype, before anyone even knew what was going on, and who the heck Robert Calkin was. That run was due to the fact that 'we' were now going into the medical marijuana business. Lot's of confidence and excitement.
Where has it gone since .049? Maybe you should figure out how big a percentage it has fallen since, then post it to this board. I could laugh back at you, but I won't, because what has happened since .049 isn't funny.
GRCU has high quality cbd oil, the cure to cancer, and other products. If GRCU only sold cbd oil, that would be a great reason to buy GRCU stock, however many effective items for sale at a great price, distribution deals to come, news should follow as the yield sign has been removed, growing hemp soon? GO GRCU.
We should all pray for others and ourselves towards perfectness, completetion, and nothing less.
I don't think this year though !! Next year $ 0.50 is good but $ 5 hell yeah I hope so dreaming is good might come true !! GRCU
Uh... They are located on the link u provided...
http://www.otcmarkets.com/financialReportView...;id=125012
Welcome.
What happened here?
Hilarious!
All in all, bears don't have any more shares here.
Yes, please show them to me, since they aren't located here:
http://www.otcmarkets.com/stock/GRCU/filings
Hilarious!
What do you mean without financials? Do you need guidance on how to locate them?
Finally a real post.
How can you say that when you don't know what the financials say? Any idea when the financials will be filed? Maybe they have reasons for not wanting to be transparent?
Hilarious!