4u2nv2
1 월 전
Genco Corporation Continues Process of Converting Rosebowl Speedway
September 28, 2011 06:30 AM Eastern Daylight Time
TYLER, Texas--(BUSINESS WIRE)--Genco Corporation (PINK SHEETS: GNCC) has begun the process of converting the historic Rosebowl speedway into an outdoor Amphitheater in Winona, Texas. The historic Rosebowl Speedway will re-open to the public in 2012 as The Rosebowl Amphitheater. When the conversion is complete, the Rosebowl is expected to seat over 12,000 customers. According to Digital Music News, the average concert ticket price in the US for 2011 is $37.55. The Rose Bowl plans to hold over 90 concert events a year. Based on Averages, the Rosebowl could gross $40,554,000 per year on ticket sales alone. Management plans to begin Outdoor Concerts and events at the new Rosebowl Amphitheater in March of 2012. The newly opened outdoor Amphitheater will feature food concessions and an outdoor movie screen. The new and modern venue will host local and world-class entertainment consisting of live music, plays, fairs, and festivals, and outdoor surround sound cinema events.
About: Genco Corporation is a developer specializing in underutilized properties, event centers and buildings. The company also operates as a promoter, marketer and sponsor of activities such as concerts, and festivals. The Company also plans to provide souvenir-merchandising services, food and beverage at the Rosebowl Amphitheater and other sports and music related events. Management is actively seeking similar acquisitions.
www.gencocorp.com
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company or management undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
Contacts
Genco Corporation
Robert Hardy, 903-581-2040
Vintage1776
3 년 전
Lol scammers got scammed by the stockwells ...,tried to tell you all but all I got bs in return...,boots on the ground tell no lies ...,here's a funny for ya in N.M. one can now apply for a micro license for 200 plants ,one can also purchase a full license for 125k and run thousands of plants...,so no exuses for those cock sucker stockwell pos.
Bountiful_Harvest
3 년 전
I have no idea, other than the CEO's word stating their desire to merge the two companies, as quoted from his email, in the link below. Apparently, there's that formula concerning the GNCC folks, where we will have a stake in BG. There must be some reason, or benefit to BG to want to do that.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152229866
Judging by the recent level of activity on NMSOS, in conjunction with last week's press release, I'm guessing BG will be publicly listed soon.
There is the possibility BG ended up finding a way to roll everything into this shell, then go public. I don't think that's the case but who knows. CEO told me a couple years ago that BGC is a $2 Billion dollar private company, which really surprised me.
In my "opinion", and based on what Mr. Stockwell told GNCC folks, we will have recalculated shares in BG. Whether our shares will be worth something, or nothing will be determined.
Bountiful_Harvest
4 년 전
New development, for anyone left that follows BG:
https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch
As I understand, Bright Green (Director, Lynn Stockwell's name) still owns, and has a large vested interest in GNCC. BG, currently a private company, and currently listed as "active" on NMSOS, has not gone public.... yet. --It appears Merger plans are still in progress.
Taking GNCC shareholders with Bright Green, "in any event"...important post below regarding future GNCC plans:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152229866
remember, there are 5,700 GNCC/OXFORD shareholders:
BG had partnered with CSC Global which specializes in Mergers.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152222138
Bountiful_Harvest
4 년 전
Something brewing? This might explain the recent interest in GNCC shares:
Bright Green Corporation has been working with Denton's Law Group. Dentons is a multinational law firm. Dentons was the world's 5th-largest law firm by revenue.
Federal
DEA Conducts "First" Interview for Cannabis Cultivation Permit - Less than one month after finalizing regulations that would expand the number of federally approved cultivators for medical cannabis research, the Drug Enforcement Administration (DEA) held its first interview with Dentons’ client Bright Green Corp. Currently, the University of Mississippi is the only entity with a federal permit to manufacture cannabis; the DEA is expected to approve an additional 3 to 15 permits in the first half of 2021. Bright Green Corp., which submitted its application in September 2020, is one of more than 50 companies that have applied for a permit.https://www.jdsupra.com/legalnews/cannabis-client-alert-january-2021-3-2317990/
The cannabis group at Dentons helped steer the largest domestic cannabis ... of Cura Partners Inc.'s cannabis business to Curaleaf Holdings Inc. — through ... The firm is now in the process of guiding Bright Green through the ... grow license from the U.S. Drug Enforcement Administration,
https://www.law360.com/articles/1330807/cannabis-group-of-the-year-dentons
Some connections with Canopy Growth also being revealed...
If one spends some time researching this subject, they may be surprised what they find...
Bountiful_Harvest
4 년 전
I'm not going to try to pump this. I don't know what will happen. Just sitting on my boat load of shares...waiting. I view GNCC as a high risk/high reward trade.
Last I heard, FINRA did not allow BG to merge into GNCC. With that being said, CEO and Counsel assured GNCC shareholders that we would not be abandoned, or left behind, and that they had "another plan" to take us with BG, to go public.
As far as I know, GNCC still belongs to the Stockwells, in which they had a very large investment stake. Because of that reason, I don't see them abandoning GNCC. According to address indicated on NMSOS, BGC appears to "still" be working with CSC Global... which specializes in Reverse Mergers. Perhaps CSC Global has found a way to merge into GNCC after all, OR perhaps we will just be rolled into BG's new public entity as CEO indicated. Or perhaps nothing will happen:-/
Bright Green Corporation is a $2 Billion dollar private company. "IF" they do take BGC public, I don't know if it would be a subsidiary or the whole company.
I noticed the MJ laws have been turning in Bright Green's favor, which is icing on the cake for their company.
BG has been quiet. I'm not aware of anyone getting a response from them in quite awhile. BG, however is definitely active, as evidenced by my recent DD posted. It does appear that some shares have been quietly bought up past few weeks. Probably some bottom fishing.