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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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From: 31Floors12/1/2018 11:38:53 AM
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Greenbriar GRB. Ron Struthers, i understand you are a fan of GRB. Can you provide some comments?

I have followed this co. very closely since meeting Jeff Ciachurski, the CEO this past summer. He’s the real deal with 3 near term swings for the fences. I’m talking swings with men on. By near term I mean happening right now. The market is on sleeping pills or just doesn’t believe, most likely both. I think this is one of the best risk/rewards on the Venture with just a market cap of $22m. Round up to 20 million shares out and 24m FD, trading at $1.10.

The balance sheet looks worse than it is because liabilities include $3m loaned by the CEO and directors in lieu of dilution with cheap shares. Two million due to a co that went bankrupt 3 or 4 years ago that has dropped off the face of the earth and they are working to get that off the books. A CEO that runs the show with incredible support from a blue chip board and business associates. 9 years without a paycheque and I think he even covers his own expenses. He by far the most shareholder friendly CEO I’ve ever come across.

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The most exciting opportunity imho is RealBlock, a blockchain co designed and developed by the largest title insurance company owner in Arizona for use by his OWN two companies (TSA and Landmark) and from there to sell it to the trillion dollar industry that is the title insurance industry. They are guiding US$14m in Income “after 12 months”. I think that is unnecessarily aggressive. I can’t see how they can come close to that after 12 months. He’s going to have to pull a rabbit and a small goat out from his sleeves lol! I don’t recall if his jacket had large sleeves.. hmmm.

Kidding aside I don’t really care if they do US$3 m in profits from this sub. In 12. The whole cap is $22m and putting that guidance didn’t help the share price any as far as I can see! It might even make some people more on the side of : no way, b.s. To those people I say I disagree big time and my money backs up my opinion. The MAIN thing is that it works, that it’s effective and it WILL be adopted. US $14 m in profits from RealBlock in 2020 sounds fantastic to me. And besides maybe they’ll do a lot closer to this no. in 12 mo. than I think, I sure hope so. Listen to the introduction of RealBlock to the markets on Dec 6 in a CC.

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