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Bullboard - Stock Discussion Forum GTEC Holdings Ltd GGTTF

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.

GREY:GGTTF - Post Discussion

GTEC Holdings Ltd > Who to believe here?
View:
Post by Vroom2017 on Feb 03, 2021 10:38pm

Who to believe here?

You have the bears saying it's going back to 14 cents with no reason as to why (the sector is hot right now so... no that isn't happening.  You have a CEO who is opting out of taking a salary to pay down debt.  You have a severely undercut company that is cash positive, and has only grown while it stayed under the radar.  Not to mention the CEO has bought all the way down and back again.

The cannabis sector is red hot right now and it wouldn't take much for this to go to a buck within a couple weeks time.  

Bulls, you all said going to 50 cents, well there was some clear shorting going on here.  So unless you're putting your money where your mouth is...

The only drawback was the license revokation in BC.  Not a big deal, they will just have to reapply, but they do have a number of licensed facilities so there's no issue with cash flow.

Comment by Jackbitcoin on Feb 04, 2021 9:26am
This post has been removed in accordance with Community Policy
Comment by Ackilles on Feb 05, 2021 7:42pm
Nort may not be taking a pay cut but he he will be getting a milstone payment once one of the facilities produces 1500kg. Can't remember which one, but he will get a million dollars payable in shares.
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