January Shareholder Update:
As many of you may be aware, the company has been operating quietly with limited active communication and social media accounts. The explanation for this is quite simple, we’ve been incredibly busy and actively negotiating deals as well as preparing our company for review by the OTC.
With respect to the company functioning quietly, it was at the recommendation of our legal representation and the legal representation of the other companies we have been exploring partnerships with. Historically, WSHE has been fairly active with its reporting, but it has been brought to our attention that some activities could be construed by the OTC as an effort to impact the market. In preparation for our relaunch and setting the stage for some exciting new partnerships, we elected to take a more cautious approach. As most of you know our company has a restriction put in place by the OTC and previous leadership elected (5+ years ago) to operate under the protections of form 15. This affords us the option to maintain the company and build upon its infrastructure without the burden of fully reporting. Naturally, our industry experience paired with WSHE is exciting and the potential has drastically increased expectations. The increased expectations have occurred both internally and externally, which is flattering and frustrating at the same time for all of us.
I will be the first to tell you that this process has taken considerably longer than we anticipated, some of it has been caused by increased oversight and regulations within the industry and some of it is due to the internal reorganization of WSHE and its 20 years of history. Despite the active cooperation from past and present leadership, we’ve certainly hit some bumps in the road – many of them centered around logistics of two groups in separate countries.
Not a day goes by that I’m not approached by someone who claims to be an expert with a strong opinion on how we “resolve” our situation. As much as I respect the opinions of people looking at this from the outside, I want to remind everyone that the complexity of this industry is unlike anything most people have dealt with in the past. The complexity of two decades of business activity, a multimillion-dollar non-operating loss recovery, ongoing negotiations and let’s not forget… building a viable business, are just some of the challenges we’ve been working through. Despite an unwavering commitment from our talented team, this is a big project and we appreciate the support during this transition. While the majority of our shareholders are waiting with excitement to see what developments are made in the coming months, there is a growing sentiment that this is taking too long and some shareholders would like to see significant steps taken immediately. We are going to continue to build this business and operate in accordance with the laws and protections of the current status of the company. I’m not going to market this company into existence, I’m going to build the company and market success.
I also think it’s important that everybody consider the fact that most of our competition has raised hundreds of millions and in some cases billions of dollars to build out their infrastructure. The hype in the Canadian market is NOT a good representation of current expectations here in the United States, in large part because some are losing more money in a week than we’ve raised in the entire history of our company. I firmly believe the public sector in the United States is about to transition to a new era, where we will see explosive growth. Our project is ready for the next phase and I have no doubt the timing is perfect for GreenLink. Our group is poised and ready to surge ahead in the U.S. and take advantage of our suite of brands and services.
In conclusion, I would like to remind everyone that I see so much potential for this company; I believe we are in a prime position to bring in a capitol group capable of funding multiple stages of growth. I am excited for 2020, if last year has taught me anything it is that we have a passionate group of shareholders and a highly motivated team leading the charge. We are going to finish organizing our corporation over the next 45 days and set the stage for explosive growth. We have a big task ahead of us, but we know if our team is fully funded during the changing climate here is the US (Politics, Banking, Investment Strategies, CBD, Hemp etc) we have an opportunity to be the far and away leaders of the US market which is estimated to exceed $45 BILLION dollars domestically by 2024.