Up and unto this point, as the financial files wil
Post# of 7775
Posted On: 04/28/2015 3:46:36 AM
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Up and unto this point, as the financial files will confirm, no shares from the Authorized have been directly issue into the float:
BOD salary shares, issued with restrictions
Green Cures Inc. convertible Debt Shares, issued with restrictions
However, from the on start, GCI did sale 8 million common shares received from the initial business change over, into the market, and one can reasonable equate that they release them at a share price somewhere in the guesstimated price of .025 +/- a few .000 thousandths of a point up or down more or less. The filings also confirms that they now have 8 million less shares owned as was stated in the first filings made by / as the new company Green Cures and Botanical Distribution Inc.
Not really a big deal at the time, as it also followed that GCI was using those funds to finance the business operations moving forward, and along with that, agreed to converted debt notes held for, at the time, less than market value, but a reasonable market price per share of .005 cents. Which anyone with hindsight, might highlight as the point where market sentiment than tended to move the price too (.005). This was still far better than the usual toxic debt conversion rates one find amongst the penny pinks, squarely above the PAR value, at that time.
But now, as we linger just above PAR, one would not have to guess much that any further conversions might be just at the going PAR value (.001) and quiet possible below, as the GRCU share price has suffer even more and the well of funds held by the private company GCI has got to be running dry?
WHAT IS NEEDED NOW IS SOME VERY CREATIVE MARKETING & FINANCING.
or
We can reasonably expect to see more gloom and doom post coming from the dark side.
WE WILL SEE.
GO GRCU / GCI
"PEACE"
BOD salary shares, issued with restrictions
Green Cures Inc. convertible Debt Shares, issued with restrictions
However, from the on start, GCI did sale 8 million common shares received from the initial business change over, into the market, and one can reasonable equate that they release them at a share price somewhere in the guesstimated price of .025 +/- a few .000 thousandths of a point up or down more or less. The filings also confirms that they now have 8 million less shares owned as was stated in the first filings made by / as the new company Green Cures and Botanical Distribution Inc.
Not really a big deal at the time, as it also followed that GCI was using those funds to finance the business operations moving forward, and along with that, agreed to converted debt notes held for, at the time, less than market value, but a reasonable market price per share of .005 cents. Which anyone with hindsight, might highlight as the point where market sentiment than tended to move the price too (.005). This was still far better than the usual toxic debt conversion rates one find amongst the penny pinks, squarely above the PAR value, at that time.
But now, as we linger just above PAR, one would not have to guess much that any further conversions might be just at the going PAR value (.001) and quiet possible below, as the GRCU share price has suffer even more and the well of funds held by the private company GCI has got to be running dry?
WHAT IS NEEDED NOW IS SOME VERY CREATIVE MARKETING & FINANCING.
or
We can reasonably expect to see more gloom and doom post coming from the dark side.
WE WILL SEE.
GO GRCU / GCI
"PEACE"
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