The only reason for GRCU insiders to be so obtuse must be their plan to up list and take the PPS much higher with one strategic move. Then need that penny and they are either naïve or they have a plan. To get to the point they are within one year is not from being naïve. I believe they know exactly what they are doing and have hinted to such! If Cruz has a majority stake and Green Cures (private company) merges with Green Cures Botanical Distribution (public company) and enough value can be placed on Green Cures (private company) then the OS can be greatly reduced by retirement of shares. They have already announced that plan and they have fore filled 90% of their forward looking statements so why not the merger? If they combine that action with a subsidiary and/or grow-op then that will kill the shorts and flippers and the heavy money will pour in. Many will expect the big money to pour in the day of the merger PR but it will all take time. Keep in mind they have mentioned "planting the seeds for growth" or however they put it and they have done that. Slow and steady wins the "long term" race!
I'm personally fearless in this PPS's decline. My only concern is the insider's possible complacency and taking too long. They don't have forever and IMO it needs to happen within this quarter. The technical indicators should keep the PPS stagnate or the oversold indicators should initiate a retrace to higher levels. I continue to look at current levels as an opportunity to buy more shares and I will be averaging down at this point whereas until recently I was averaging up. After so much opportunity to sell I've refused because like rare coins I will continue to collect and hold to sell in the years to come!
I have enough confidence in GRCU to know they will succeed. One year in business in a brand new sector and the seeds are planted!
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Green Cures & Botanical Distribution Inc. (GRCU) Stock Research Links
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