| | | Oregon revenue was 2,475,996 for GLH
BMF revenue in which is not included in Financials was 2,358,797
Total 4,834,793 US dollars or over 6.5 mil Canadian
BMF revenues are similar to GLH. Between GLH oregon and BMF washington the total will be 5 million US or 6 million CDN. Which is what I said it would probably be. The question I would like to ask Don is how he intends to clarify the BMF situation. I keep repeating ad nauseum here that GLH purchased BMF but DUE TO RESIDENCY REQUIREMENTS IN WASHINGTON GLH CANNOT GET THE BMF LICENSES UNTIL WASHINGTON PASSES THE BILL THAT WILL ALLOW GLH TO PURCHASE SAID LICENSES FOR A NOMINAL FEE. So BMF,s value sits at 00000 due to the markets failure to recognize this regulatory hurdle that must be overcome to unlock the value of BMF.
So here we are with peter saladino having 30 million shares of GLH that he got for BMF sitting on the board of directors, and the company that he sold to GLH for the 30 million shares plus cash and warrants, BMF, being valued at 15 million. And GLH can,t use that revenue in washington as there own, even though they own BMF to add value to the combined companies. Pretty f@cked up and infuriating situation. I understand the situation, but most investors here do not and are grasping at straws and making things up in there head to try to understand the BMF situation. Its washington residency laws creating this no value for BMF currently. There is a house bill that in january will be discussed and voted on in the washington legislature and expected to pass. I hope Don clarifies this once and for all for investors here. Read more at stockhouse.com |
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