$GRCU, formerly Green Cures & Botanical Distributi
Post# of 103062
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Posted On: 06/20/2023 12:06:01 PM
$GRCU, formerly Green Cures & Botanical Distribution Inc., operates as a holding company in the health and wellness segment, providing products and ancillary services in mental wellness and Optical-Vision medical care.
In a recent press release, GRCU announced a significant change. The company has rebranded itself as Global Roundtable Corporation, reflecting its commitment to customers, shareholders, and the community.
CEO Robert Tanko expressed pride in the name change, stating, "Our new company image signifies our dedication to delivering real value to shareholders." As a gesture of goodwill, some shareholders retired common stock shares, which will be replaced with preferred shares. Global Roundtable Corporation intends to utilize preferred shares for future acquisitions and has no plans for a reverse split.
The company also reported strong sales numbers for its subsidiary, Marvel Visions. Gross sales in 2022 amounted to approximately $452,000, with a substantial portion coming from high-end glasses. First-quarter financials for the current year reached $112,000, and projected second-quarter sales are expected to reach $175,000.
President Robert Keith Tanko expressed satisfaction with Marvel Visions' performance and highlighted future expansion potential.
Investors should closely monitor Global Roundtable Corporation's ongoing initiatives, including the implementation of the new name, share retirement, and strategic sales growth of Marvel Visions.
https://www.marketscreener.com/quote/stock/EP...-43952291/
In a recent press release, GRCU announced a significant change. The company has rebranded itself as Global Roundtable Corporation, reflecting its commitment to customers, shareholders, and the community.
CEO Robert Tanko expressed pride in the name change, stating, "Our new company image signifies our dedication to delivering real value to shareholders." As a gesture of goodwill, some shareholders retired common stock shares, which will be replaced with preferred shares. Global Roundtable Corporation intends to utilize preferred shares for future acquisitions and has no plans for a reverse split.
The company also reported strong sales numbers for its subsidiary, Marvel Visions. Gross sales in 2022 amounted to approximately $452,000, with a substantial portion coming from high-end glasses. First-quarter financials for the current year reached $112,000, and projected second-quarter sales are expected to reach $175,000.
President Robert Keith Tanko expressed satisfaction with Marvel Visions' performance and highlighted future expansion potential.
Investors should closely monitor Global Roundtable Corporation's ongoing initiatives, including the implementation of the new name, share retirement, and strategic sales growth of Marvel Visions.
https://www.marketscreener.com/quote/stock/EP...-43952291/
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