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GRAND POWER LOGISTICS GROUP INC. V.GPW

"Grand Power Logistics Group Inc through its subsidiary provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services."


TSXV:GPW - Post by User

Comment by XTCXTCon May 27, 2014 5:19pm
171 Views
Post# 22603089

RE:RE:RE:RE:GPW change of business...another pot play?

RE:RE:RE:RE:GPW change of business...another pot play?I also noticed this in the Management Information Circular as well while do some research.  If you look at the previous Management Information Circular that's before 2014; such as 2013, 2012, 2011, etc., you will noticed that they do not mention anything in the nature of Diversification, Change of Business, or Corporate Name Change.  The question we're all wondering is why did they mention this in 2014?

I'm not so sure why they would go into the pot business, but one thing's for sure is that they have cash now to invest into something that will generate a much better ROI than currently.  It could very well be a diversification into several businesses or it could be a complete change in their current logistic business, which is why they mentioned a "name change".  I think it's a positive sign they're thinking of building value for the company and obviously that benefits us as shareholders.  Just got to be patient.
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