Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Golden Leaf GLH or GLDFf -- Ignore unavailable to you. Want to Upgrade?

To: Natedog who wrote (347)	3/23/2016 5:47:16 PM
From: Rocket Red	Read Replies (1) \| Respond to of 1211

or sold before and now buying back lol I can wait it out for the revenue $$$ to start rolling in

To: Natedog who wrote (347)	3/24/2016 1:55:13 AM
From: Berry Picker	1 Recommendation Recommended By 99FXD Read Replies (2) \| Respond to of 1211

Well Dawg - thanks for that "uplifting" comment. It is no surprise our stock is down here - this has been a compromise on the part of GLH to get there ass into washington - People think they "bought out" BMF Now that's a laugh. Here is the section that explains the move in the new law that is a coming.. 11 (c) No license of any kind may be issued to: 16 (iii) A partnership, employee cooperative, association, nonprofit 17 corporation, ((or)) corporation, or limited liability company unless 18 formed under the laws of this state((, and unless all of the members 19 thereof are qualified to obtain a license as provided in this 20 section)) or holding a certificate of authority to transact business 21 in this state. For the purposes of licensing under this chapter, the 22 partners, members, or shareholders of the entities identified in this 23 subsection (1)(c)(i BMF now owns 1/3 of the company alone - to get a 50% vote for him is easy. I would say BMF took over GLH in my mind and to do so the deal may have been made sweet for them as well. GLH wants into Washington and this was the quickest way to get there - so to give up that much control and portion of the profits must have seemed good to the GLH BOD for one reason or another. The addition options that expire in 2018 for 52Cad obviously has an impact on the perceived value. Shareholder need hope that the move will work on for their interests and the fact that BMF ended up with mostly shares bodes well for the future SP Also - the fact that the initial 3 million in cash was renegotiated also bodes well. Our new "partner" wants the SP do do well - they are just not in as big a hurry as our sorry little wallets are - in fact, I doubt they really care day-to-day about SP