RE:RE:RE:RE:RE:RE:Looks like GHG is going bankrupt.Campfire bubs that is the most assinine thinking I have read in a long time. Why would anyone invest in a company with the expectation to lose it all. You make it sound like you are "supposed" to lose all your money when you invest. Hate to burst your bubble but it's quite the opposite. If you are getting into investing just to lose money you can go to the casino to do that.
The stock market IS supposed to be a golden egg. Yes, you can lose money, but you can gain too. Cashing out when you are 75% down is a great way to turn your golden egg into nothing more than a turd.
I have actually done well with my own company. I produce a product, secure buyers and provide the product for a profit. Sounds pretty simple but a concept GHG has failed to grasp. They spend what little capital they have on websites, then they pay their suppliers, contractors and workers with shares, diluting them for everyone, they produce a product without thinking about who is going to buy it, and now it sits rotting in a shed somewhere.
I have read their financial report. Have you? Let me summarize. No product sales, the only income was from selling shares. Paid everyone with shares to dilute them more. They have no capital, no buyers, no product. It sucks. I learned all this the hard way and lost my nest egg.
When I come on here to protest their incompetance I get flamed, like I'm the one who has done something wrong. Anyone on this board is also most likely a shareholder and should be just as upset as I am about this company's lack of performance. When you try to contact them they don't answer. They don't issue any statement explaining why they cant sell their hemp. We get nothing, all we get is to watch the company value fall by 5 to 10% every single day and we are supposed to keep our heads in the sand and pretend like everything is "Hunky dory" and that GHG is doing great things and has a great future.
Try going into a bank and telling them about your great future, but then show them your financials revealing how you have made nothing. Let's see how that works out when you ask them to invest in you.
As shareholders we should be protesting. We should be rearranging management, we should kick those do-nothing losers off the board and put people in place that know how to run a business. Not just sell out and take the few nickels and dimes we have left. That's what they want us to do! That is how the public gets taken advantage of. You own part of this company and you should let them know we are NOT happy with their lack of progress!
Hemp is supposed to be this booming industry. So why doesn't anyone want to buy it?