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  4. Green Cures & Botanical Distribution Inc. (GRCU) Message Board

If GRCU responds to shareholder inquiries at all t

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Post# of 7775
Posted On: 04/29/2015 11:33:12 PM
Posted By: DTL
If GRCU responds to shareholder inquiries at all then they historically respond with "canned" responses and they go something like "the company will provide news when news becomes available". IMO that is a dangerous strategy and regardless of their reasons.
The PR intervals have been predictable with most of them being vague or simply forward looking and with only 3 or 4 resulting in speculated revenues. IMO the Pink sheet/OTC markets are all speculative. GRCU should be playing to the tune of that speculation but within reason. Their public relations strategy is amateur and provides ammunition to a talented shorters and flippers strategy. GRCU might as well come right out and tell them how to time their trades and on what side of the fence their trades should be placed. Maybe GRCU finally understands and maybe they have learned to simply remain quiet for numerous reasons including the one mentioned above. If we read into their canned responses then "no news" could also be interpreted by some to mean "the GRCU BOD is currently accomplishing very little". I've been saying for a long time "shut up, put up and then speak". Regardless of that strategy business still needs to move at a reasonable pace and without too much delay between milestones. IMO remaining quiet for too long in the OTC doesn't help the PPS either.
Silence might only work if 8K, 10Q and 10K filings can be relied upon and speak for themselves and provide higher revenues quarter over quarter. I really hope lessons are being learned along the way and the BOD is humbled by those lessons. Losing two CEO's for what ever the reasons and the performance in GRCU's PPS speaks volumes in comparison to a "real" company their supposedly aiming for.


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