EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC).
Greenbank Cap, Inc. (OTC Pink: GRNBF) and (CSE: GBC) has investments in the following sectors.
- BlockChain / Crypto Currency
- Financial Investments
- Mobile Apps
Greenbank Cap, Inc. (OTC Pink: GRNBF) and (CSE: GBC) ’s stock is one to watch. The company is dual listed on the OTC and CNX exchange. Its stock is up 230% over the past ten weeks, while the Candlesticks and Bollinger Bands still indicate an uptrend.
Greenbank Cap, Inc. (OTC Pink: GRNBF) (CSE: GBC) announced today the closing of another funding for another affiliate.
GreenBank director and CEO Danny Wettreich, who is also a director of Veterans, invested $145,660 in the Veterans offering for a 28.57% ownership position. GreenBank subscribed $42,340 in the Veterans private placement payable by the issuance of 42,340 $1 Non-Voting 5% Preference Shares Series C.
Veterans, who will use the proceeds of the funding for marketing, debt repayment, and working capital, is a veterans’ managed insurance agency providing insurance services at competitive rates. Offering to both the veterans community and non-veterans, its range of insurance products includes whole life, term life, universal life, indexed universal life, annuities, final expense, health, and Medicare. Veterans represents many major insurance carriers, and will seek to open branch offices in areas with a high concentration of USA military bases.
Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC), just recently announced the acquisition of 23 additional claims contiguous to its Daniel’s Harbor zinc property by its 27% owned affiliate Ubique Minerals Ltd. Ubique owns 72 claims around the former Daniel’s Harbour zinc mine situated approximately 10 km northeast of the town of Daniel’s Harbour on the west coast of Newfoundland.
Greenbank also recently announced the acquisition of 19% of Inside Bay Street, a Toronto based financial news communications company for $40,000.00.
Greenbank Cap, Inc. (OTC Pink: GRNBF), and (CSE: GBC) is a public corporation with its hands in industry from BlockChain / Crypto Currency, to Exploration, to Media / Publishing, to Mobile Apps and even Insurance.
Greenbank’s portfolio includes 10% of The Lonsdale Group LLC, a USA based private equity company focused on small cap investments; 28% of Ubique Minerals Limited, a minerals exploration company with interests in Newfoundland, Canada; 10% of Reliable Stock Transfer Inc, a Canadian small cap transfer agency; 14% of Slabdeck Technology Inc, developers of a unique comprehensive all-in-one search mobile application that integrates social search, discovery and communication; 15% of Veterans Financial Group LLC, a Ohio, USA based insurance agency providing insurance services to veterans, families and businesses; 15% of Blockchain Evolution Inc, owners of the world’s first identification based blockchain; 15% of KYC Technology Inc, owners of a worldwide online 24-hour “Know Your Customer” identification verification process; and 19% of Inside Bay Street Corporation, a financial news communications company.
On October 11, 2017, Greenbank closed a $283,000.00 Private placement and terminated its previously announced $.60 unit offering. “The market price of our shares has risen significantly above this offering price, and we believe it is in the Company’s interest to consider more advantageous financing” said Danny Wettreich, CEO of GreenBank.
With its investments in so many different pots, the company is well diversified and one that can benefit greatly as its holdings appreciate.
GRNBF may not be at these levels much longer.