$GRCU The goal is to keep a low and respectable sh
Post# of 23622
Posted On: 11/09/2016 3:34:25 PM
$GRCU The goal is to keep a low and respectable share structure, and the best way of doing that is to maintain a low Issued & Outstanding, which GRCU has achieved today. 300,000,000 shares represented nearly 50% of the shares previously outstanding. By returning the shares to treasury, it creates only positive effects on the current shareholders and the stability of the company.
Currently, the share structure is 800,000,000 (Eight-Hundred Million) Authorized and 338,716,015 (Three Hundred Thirty-Eight Million Seven Hundred Sixteen Thousand Fifteen) Issued & Outstanding. Plans to make adjustments to the Preferred stock will also be adjusted. The shares have already been re-designated. These decisions are about returning the unnecessary and excessive. GRCU Management will make the announcements on the Preferred Stock once those items have been completed with the information.
Joe Tragesser, Green Cures & Botanical Distribution's CEO stated, "I'm pleased to announce the Board's decision today to increase our Shareholder value. We have reduced our outstanding almost in half. Our strong performance, continuous product development, and our dedication to positive revenue growth, enabled the Board's decision. This decision reinforces our ongoing commitment to return value to our Shareholders." Tragesser added, "We believe we are well-positioned to continue this momentum of improving operating costs and productivity. We have aligned ourselves with some really amazing people through our joint ventures and they are with us for the long-haul. We have already taken significant steps to improve our overall performance, and creating additional shareholder value only aids in proving our intent."
Currently our products are being developed with Purple Haze Properties and we are full speed ahead. Our beverage products as well as our edibles are headed to manufacture within the coming days. The company believes these products will lead to a very successful and profitable bottom line due to how lucrative this category is. GRCU will provide constant updates to both the public and shareholders as to the details of this historic beverage release as it continues to progress.
https://finance.yahoo.com/news/green-cures-bo...00424.html
Currently, the share structure is 800,000,000 (Eight-Hundred Million) Authorized and 338,716,015 (Three Hundred Thirty-Eight Million Seven Hundred Sixteen Thousand Fifteen) Issued & Outstanding. Plans to make adjustments to the Preferred stock will also be adjusted. The shares have already been re-designated. These decisions are about returning the unnecessary and excessive. GRCU Management will make the announcements on the Preferred Stock once those items have been completed with the information.
Joe Tragesser, Green Cures & Botanical Distribution's CEO stated, "I'm pleased to announce the Board's decision today to increase our Shareholder value. We have reduced our outstanding almost in half. Our strong performance, continuous product development, and our dedication to positive revenue growth, enabled the Board's decision. This decision reinforces our ongoing commitment to return value to our Shareholders." Tragesser added, "We believe we are well-positioned to continue this momentum of improving operating costs and productivity. We have aligned ourselves with some really amazing people through our joint ventures and they are with us for the long-haul. We have already taken significant steps to improve our overall performance, and creating additional shareholder value only aids in proving our intent."
Currently our products are being developed with Purple Haze Properties and we are full speed ahead. Our beverage products as well as our edibles are headed to manufacture within the coming days. The company believes these products will lead to a very successful and profitable bottom line due to how lucrative this category is. GRCU will provide constant updates to both the public and shareholders as to the details of this historic beverage release as it continues to progress.
https://finance.yahoo.com/news/green-cures-bo...00424.html
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