Red Baron, I have probably just heard the same news you did via twitter. I do believe the deals are moving forward, but have taken longer than expected. Here is a recap of what we know publicly...
On May 3, they tweeted:
"GRO3 Canadian deals progressing well. Project partner continues to forge ahead on business plan and make final push from Stage 6 license status. AMFE considering making private investment in facility as stake in project for company and shareholders. Details to be announced."
Tweet from June 26:
"Big GRO3 meeting later this week. Ambrose and team have been working away behind the scenes and while we know it's been a bit quiet on that subs front for some time, we will be providing some updates within the next few weeks that we feel shareholders will enjoy. Stay tuned!"
From July 16 letter:
"Lastly, I know some will notice that I have left GRO3 out of most of this and that’s only because it’s a whole story on its own. And yes, we do have some updates coming on that JV soon.It has been a long time coming, I know, however the projects that are currently being worked on by Ambrose and his team are all high-end, large-scale projects that took time to be fully outlined and put together. Not far off until you hear about the first one though."
RGI Price at posting:
37.5¢ Sentiment: Buy Disclosure: Not Held
