Well still sticking to my feelings about Cruz as I
Post# of 7775
Yes I kept 1 mil shares of GRCU after selling my remaining shares and still have them with the hopes that some type of merger with another company happens and Cruz is removed from the overall management of the company
Have been keeping an eye on the company to see what develops and yes the share price is very attractive at this point however lets face some facts
1-Two FINS under Cruz leadership have been late and no explanation as to
why? No reason as sales have hit rock bottom and the FINS very easily could have been filed early. We never heard why the two former CEO's were released.
2-Although Rico was a failure (due to no promotion) with the trademark it could easily be sold or he could have cut a deal with a co-packer or distributor giving GRCU a royalty. He could have easily hired an agent to find and cut a deal. The Rico name would be ideal for Latin based products
3-He should allow the transfer agent to make public what the actual share counts are. We have no idea if Cruz is dumping his shares or putting more shares on the open market to fund his real estate company or keeping the lights on at home base.
4-Part time CEO's under he is running multiple companies under the same umbrella never work. The fact that both former CEO's were part timers and Cruz is "acting" CEO continues to make GRCU as a part time internet sales company with no product available for sale. It should not be so difficult to find a supplier. He keeps his Green Cures company supplied with product for sale
Not saying I am correct in my assessment of Cruz however the facts are that his is very rude to shareholders and doesn't instill trust when he speaks in my opinion