So I questioned Cruz about the TA being gagged and
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Re: Green Cures Botanical Distribution Inc. Contact
Green Cures & Botanical Distribution Inc. [info@gcbdinc.com]
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Sent: Wednesday, December 24, 2014 6:36 PM
To:
Todd ..............
Hello Todd,
As you mentioned, "Some TA's, however, have a policy against releasing share structure information. The reasoning behind this is to keep the
thousands of penny stock traders from bogging down their business with requests for information." This is the case in regards to our transfer agent; therefore, every time someone email to us requesting additional information about the share structure of our
company, we refer them to visit our page in the otcmarkets.com website, where the most updated and accurate information about our share structure is publicly available
http://www.otcmarkets.com/stock/GRCU/profile.
Attentively,
Romeo O Cruz
logo
20201 Sherman Way, Suite 101
Winnetka, CA 91306
Tel. 818-773-3929
Email. info@gcbdinc.com
Web: www.gcbdinc.com
On 2014-12-22 19:42, Todd ......wrote:
Name: Todd ....
Email: t...
:
Comment: Can you please tell me why you guys have "gagged" the transfer agent?? The investment boards are flooding with people claiming this is a scam share selling deal... Could you please let me know, as I have many of thousands invested and strongly believe it this company...
A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is usually NOT a good situation. There is no legitimate reason for a company to gag their TA. It is almost always done to hide dilution. Some TA's, however, have a policy against releasing share structure information. The reasoning behind this is to keep the thousands of penny stock traders from bogging down their business with requests for information. Unfortunately this forces the shareholder to contact the company for information. While this isn't as bad as a company specifically gagging their TA, it still isn't an ideal scenario. Whether the company sought out this TA because of this policy, or it was a coincidence, is up for debate
Time: Tuesday December 23, 2014 at 3:42 am
IP Address: 75.166.28.123
Contact Form URL: http://gcbdinc.com/contact/
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