Green Cures & Botanical Distribution, Inc. (OTC PINK: GRCU) Is now DTC Eligible
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 02/28/17 -- Green Cures and Botanical Distribution, Inc. (OTC PINK: GRCU) has announced the company is now Depository Trust Company (DTC) eligible.
It had been brought to the company's attention that there had been a "chill" placed on the company due to prior management practices. Once the company had been notified, we took immediate action and hired a specialized attorney to help clear the DTC "chill."
As of February 17, 2017, pursuant to DTC Rule 33, DTC has removed the Deposit Chill designation on GRCU.
Joe Tragesser, GRCU's CEO, stated, "Now that the 'chill' has been lifted, it's with full intent that we file for DWAC (Deposit/Withdrawal at Custodian). It's a priority to GRCU that our shareholders have the ability to trade without any restrictions, and have the ability to trade electronically." Tragesser further stated, "We are pleased to report this important development for GRCU. Our DTC eligibility will ensure more robust trading activity for our shares as well as increased liquidity for our shareholders."
(OTC PINK: GRCU)
Green Cures & Botanical Distribution Inc., is revenue-generating company that wholesales and retails hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc., operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy life style. .
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at
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Green Cures & Botanical Distribution Inc.
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Datum: 28.02.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 527255
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contact information:
Town:
LOS ANGELES, CA
Kategorie:
Healthcare
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