GREY:CHALF - Post by User
Post by
jutah70on Sep 02, 2016 6:42pm
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Post# 25204651
Ambiguity
AmbiguitySo the inclusion/exclusion of BMF keeps rearing it's ugly debate. Not that this post will solve the argument (although with the current evidence from news releases and financial reports we do have an idea of where we stand). Yet the ambiguity still exists.
A couple of things kind of crossed my mind. If BMF is not part of the overall picture, why do we see revenues or any financial information in quarterly releases (answer that for yourself or make yourself familiar).
Another point came to mind as well. It was as a result of actually looking that the company's name - Golden Leaf Holdings. It is the Holdings that got the thoughts working. Holding corporations often time have several companies/brands under the umbrella of the holding corporation. Yet each of the individual pieces may operate as separate entities. Take a look at some examples (not that they are exact comparisons in structure, but you may get the point I am trying to make):
- Power Corp - owns Power Fin'l, Great West Life, IGM.
Maybe the longer term strategy sees GLH own whole or part of several companies. If you look at the corporate presentation (Veridian from months ago) they certainly have the set up. So BMF can likely stay as BMF, but still be part of the GLH family so to speak. Hard to say how it plays out as the legal landscape is being shaped as we go. But as we have seen, GLH is involved in that process in an intimate way.
This in fact leads to another of my 'looking out a few years'/big picture thinking ideas. Would be interesting if they did acquire several companies/brands. And as they grow them they have the option of "spinning" them off into their own entities/stocks. Would be a pretty sweet thing to grant options/warrants to shareholders.
Maybe it is things like this as to why they decided to change the company structure. Don't get tied up or bogged down with growing the plants. Organize the company so they are managing the elements, brands, and subsidiaries.
Hope to try some of their product some day. Maybe my mind won't be so busy for a few hours, lol.