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Bright Green Corporation

Bright Green Corporation (BGXX)

0.1481
0.00
( 0.00% )
Updated: 19:00:00

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TrendTrade2016 TrendTrade2016 4 weeks ago
BGXX...MINI MONSTER NASY TO OTC....
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TrendTrade2016 TrendTrade2016 4 weeks ago
BGXX READY FOR 22C...FROM 6C
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TrendTrade2016 TrendTrade2016 4 weeks ago
BGXX...HERE WE GO
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TrendTrade2016 TrendTrade2016 1 month ago
BGXX HERE WE GO
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Momentum_Scalper Momentum_Scalper 1 month ago
Anything behind this move?
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TrendTrade2016 TrendTrade2016 1 month ago
BGXX..HERE WE GO
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TrendTrade2016 TrendTrade2016 1 month ago
BGXX MINI MONSTER
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TrendTrade2016 TrendTrade2016 1 month ago
NASDAQ TO OTC FLYER
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willlbone willlbone 2 months ago
Dilution loan, Delisting and R/S likely. Triple doom.
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Renee Renee 2 months ago
BGXX delisted from the Nasdaq to the OTC. ***pps dropped 19% from .19 to .1543

https://otce.finra.org/otce/dailyList?viewType=Additions
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glenn1919 glenn1919 3 months ago
BGXX........https://stockcharts.com/h-sc/ui?s=BGXX&p=W&b=5&g=0&id=p86431144783
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ZigZag1 ZigZag1 3 months ago
Is this even real? Try calling the corporate phone number. We have tried for 2 years to use their product. Nothing. We are in 2 clin trials with CBD, Thc.
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ZigZag1 ZigZag1 3 months ago
Zero revenue, recycled pressers and still call make the filing deadline. This isn’t a stock, it’s and executive lifestyle. Un-fricking believable!
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glenn1919 glenn1919 3 months ago
BGXX......................................https://stockcharts.com/h-sc/ui?s=BGXX&p=W&b=5&g=0&id=p86431144783
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ZigZag1 ZigZag1 8 months ago
Why do you say that? They keep recycling “news”. This is just smoke and mirrors. They’ve had that licensed for 2 years with zero revenue. Why? Because they have an irrelevant license. Why would I buy from them if I can walk into any store and buy product?
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JAH son JAH son 8 months ago
This is about to heat up in here very soon. BGXX
good luck all
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Invest-in-America Invest-in-America 8 months ago
BGXX: I like this one --- lots of news, PR's, articles, etc. (click below):
Their Website: https://brightgreen.us/
Looks like they want to do BUSINESS.
And moving on up from the bottom of the BARCHART-50:
https://www.barchart.com/investing-ideas/penny-stocks?orderBy=percentChange5d&orderDir=desc
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Awl416 Awl416 8 months ago
BRIGHT GREEN ANNOUNCES PLANS FOR $250 MILLION EXPANSION OF ITS CONTROLLED SUBSTANCES DRUG PRODUCTION FACILITY IN GRANTS, NEW MEXICO AND OBTAINS $60 MILLION IN FINANCING
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81vette 81vette 9 months ago
2.3m shares short with only 5 days to cover
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81vette 81vette 9 months ago
Shares available to short dropped from 250k to 150k,watching closely for ZERO BORROW when tutes stop lending shares big covering can rocket tickers like this
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ZigZag1 ZigZag1 9 months ago
Didn’t they get this like 18 months ago?
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Awl416 Awl416 9 months ago
BRIGHT GREEN CORPORATION GAINS MOMENTUM FOR THEIR “DRUGS MADE IN AMERICA” PLATFORM WITH APPROVAL FOR THE RESEARCH, PRODUCTION AND MANUFACTURING OF ALL SCHEDULE I AND SCHEDULE II PLANT-BASED DRUGS
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ZigZag1 ZigZag1 10 months ago
It won’t be too much longer until they will need to take drastic measures or be delisted for minimum requirements
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Laster Laster 12 months ago
This stock is nothing but a POS scam IMO.
That Stockwell girl cannot be trusted.
Can’t wait for this to drop to a penny then RS.
Absolutely worthless IMO.
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Monksdream Monksdream 1 year ago
BGXX new 52 week low
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ZigZag1 ZigZag1 1 year ago
Can anybody explain to me who they can sell to??? They can grow, but can they sell??
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Bullish Green Bullish Green 2 years ago
Bright Green is now on the DEA website list!
https://www.deadiversion.usdoj.gov/drugreg/marihuana.htm

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CAN8IENS CAN8IENS 2 years ago
I hope double that
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Texas AM17 Texas AM17 2 years ago
BGXX I believe today is a great day to buy some shares in this company, this stock in the very near future will probably be trading $5.00
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Bullish Green Bullish Green 2 years ago
I have my own set of technicals I use. Even though I said previously that I would wait for a better entry due to the fundamentals, I initiated a couple of buys a few days ago due to my indicators.
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power11 power11 2 years ago
TECHNICALLY ..A GOLDEN CROSS IS ABOUT TO OCCUR !!
CHART LOOKS GOOD.
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power11 power11 2 years ago
TECHNICALLY ..A GOLDEN CROSS IS ABOUT TO OCCUR !!
CHART LOOKS GOOD.
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Bullish Green Bullish Green 2 years ago
Government bureaucracy always moves slow. I expect that the DEA is doing their own DD into the company. There is no mention on the website about how long that takes but the wording in the conditional contract alludes that the process could take longer that 4 years ultimately.

I. Background and Purpose



This Memorandum of Agreement (MOA) is between the Department of Justice, Drug Enforcement Administration (DEA), and Bright Green Corporation (Grower) who has applied for a DEA registration as a bulk manufacturer to supply to researchers of any (or all) of the following schedule I controlled substances: Marihuana Extract (7350) and Marihuana (7360) at 1033 George Hanosh Boulevard, Grants, New Mexico 87020, under DEA Document Control Number W20078135E.


XIII. Non-Liability of Drug Enforcement Administration



The United States assumes no liability with respect to the performance of any contractual terms agreed to by Grower and a Buyer of bulk marihuana, including but not limited to the quantity or quality of any marihuana delivered to a Buyer. If a Buyer deems the delivered marihuana to be defective, the Buyer’s sole remedy for damages will be against Grower and not the United States.



XIV. Duration, Amendment, and Effect



A. Execution: This MOA may be executed in counterparts, each of which constitutes an original, and all of which constitute one and the same agreement. Copies or facsimiles of signatures will constitute acceptable, binding signatures for purposes of this MOA. This MOA is effective and becomes binding upon the date of the last signature below. Each person who signs this MOA in a representative capacity warrants that he or she is fully authorized to do so. The government signatories represent that they are signing this MOA in their official capacities.

B. Automatic Renewal: Unless terminated for cause by DEA, this MOA is effective for a one-year initial term from its effective date, subject to automatic renewal for up to four additional one- year terms.


1. If, at the time the initial term or a renewal is set to expire, the Grower has submitted a renewal application that is still being processed by the DEA at the end of a one-year term and is allowed to continue to operate on a day-by-day basis until the registration is renewed in accordance with 21 C.F.R. § 1301.36(i), the term set to expire will be automatically extended until the registration is renewed.

2. This MOA will automatically renew for an additional one year term upon DEA’s approval of Grower’s application for renewal of its registration as a bulk manufacturer of marihuana, marihuana extract, and THC unless, on or before 60 days before the expiration of the current term, either party provides written email notice of its intention not to renew.

3. This MOA will terminate at the end of the fourth renewal term or the end of a one-year term that is not renewed.
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power11 power11 2 years ago
WHEN DO YOU EXPECT THEY RECIEVE THE LISCENCE ???
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CAN8IENS CAN8IENS 2 years ago
It's not delisted. Where do you get your information? It's currently trading over $1 on the NASDAQ
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Bullish Green Bullish Green 2 years ago
Here is the actual document of the agreement between Bright Green and the DEA. This is not an actual license but a conditional agreement.

https://www.sec.gov/Archives/edgar/data/1886799/000149315222012148/ex10-1.htm

If I read this correctly, it allows Bright Green to operate under guidlines as stated while their license application is under review.

It's good for 1 year and will auto-renew each year up to 4 years unless cancelled by BG or the DEA.
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Bullish Green Bullish Green 2 years ago
My bad. They are not delisted, they are deficient. They have a certain amount of days to bring their price back within guidelines or they will then be delisted.

This is from my TDA account:
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ZigZag1 ZigZag1 2 years ago
Does NASDAQ know they were delisted? Could you please provide a link?

https://www.nasdaq.com/market-activity/stocks/bgxx
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Bullish Green Bullish Green 2 years ago
No it is not. Check the date. They were listed on Nasdaq but got delisted for not maintaining their price requirements.
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ZigZag1 ZigZag1 2 years ago
This is a bit misleading;

https://mjbizdaily.com/company-tapped-by-dea-to-grow-marijuana-for-research-files-to-list-on-nasdaq/

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Bullish Green Bullish Green 2 years ago
They haven't received final approval for the license yet.
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ZigZag1 ZigZag1 2 years ago
Why isn’t BGXX on that list? Is it in a subsidiaries name?
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Bullish Green Bullish Green 2 years ago
Apparently this is a very hard license to get. Per the doj.gov website, only 7 companies hold this license as listed on DOJ website.
https://www.deadiversion.usdoj.gov/drugreg/marihuana.htm#:~:text=You%20may%20apply%20for%20a,Registration%20(usdoj.gov).

List of the DEA approved Bulk Manufacturer Marihuana Growers:
Biopharmaceutical Research Company LLC

Groff NA Hemplex LLC

Irvine Labs, Inc.

Maridose, LLC

National Center for Development of Natural Products

Royal Emerald Pharmaceuticals Research and Develop

Scottsdale Research Institute

The website is very clear on the process. A few points stand out as to the timeframe we can expect $BGXX to actually make any money. The biggest hurdle is actually aquiring the license. Who knows how long that may take. Again, who knows how long that will be. After this unknown variable, then the process starts.

A. Bona Fide Supply Agreement and Quota
As stated in the sample memorandum of agreement (MOA), on or before May 1 of the year preceding the year in which marihuana is to be grown, the grower1 will furnish an individual manufacturing quota (IMQ) application utilizing DEA Form 189. (Numbers correspond with the diagram below.)

Grower enters into bona fide supply agreement(s) with buyer(s).2
Grower will include in their IMQ application copies of documents that constitute the bona fide supply agreement(s) (BFSA) that justifies their quota application request. For purposes of calculating Grower’s IMQ, DEA will only consider BFSA from existing DEA registrants.
Upon receipt of quota, the grower may grow marihuana within the terms and conditions of the quota and memorandum of agreement.3

B. Advance Notification and Invoicing
In accordance with the MOA, the grower will provide DEA with a 15-day advance written notification of its intent to harvest marihuana, including the date/time in which harvesting will begin.

When the grower provides this notification, the grower will invoice4 DEA for the harvested marihuana it intends to sell to DEA.
Additionally, the buyer is expected to submit an order form (DEA Form 222), expressing all quantities in kilograms, to DEA for the purchase of marihuana to be harvested.
DEA, in turn, will invoice5 the buyer identified in the grower’s invoice. The buyer’s order form number will be referenced in DEA’s invoice to the buyer; therefore, the order form must be received by DEA before DEA can invoice the buyer.
Upon receipt of payment, DEA will authorize the grower to ship.

C. Harvest and Transfer of Ownership
DEA personnel will arrive at the grower’s registered location to take physical possession of the crop. While DEA will make every effort to arrive on the day of harvest, DEA will take possession within four months of the harvest.6

DEA will take ownership of the crop by executing a DEA Form 222. Grower may need to store marihuana in a pre-approved secure location on behalf of DEA.
DEA will authorize the grower to make distributions from DEA’s stocks of marihuana to those buyers who entered into BFSAs with the grower once DEA has confirmed that the buyer has made payment to DEA for both the negotiated rate and the administrative fee. The grower shall bear the cost of shipping marihuana to the buyer.7
DEA will pay the grower within 30 days of taking ownership of the crop.

So They must get a license. Submit a year prior to growing. Actually grow the crop. Submit 15 days before the harvest. Harvest. Give DEA control of the harvest (up to 4 months). 30 days later to get paid.

So in reality, it'll be at least 2 years before they ever turn a dime AFTER they get the license.

Just a side note:
I have a theory that they may try to use the Alterola Biotech subsidiary to attain DEA approved buyer staus "in house" for research. What that may accomplish, or how they will accomplish that, who knows but it is something to consider.

IMO they will be burning through cash for a while. I expect an AS increase in the meantime. I'll wait for a lower entry.
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ZigZag1 ZigZag1 2 years ago
So why is the “Only DEA license in the country” necessary if it’s legal? This model is very confusing??? https://mjbizdaily.com/new-mexico-legal-marijuana-sales-grow-to-41-6-million-in-february/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20230313_NEWS_Daily
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CAN8IENS CAN8IENS 2 years ago
But when?!?!
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ZigZag1 ZigZag1 2 years ago
So when/if they get their license, who will be able to buy product from them?
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Texas AM17 Texas AM17 2 years ago
BGXX great day to buy stock!
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Texas AM17 Texas AM17 2 years ago
Bgxx DEA license coming soon!
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ZigZag1 ZigZag1 2 years ago
What license? A “cannabis” license to sell CBD? All this means is the buyer needs to have to same license, and if they’re the only one with this license …..???
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solidgold solidgold 2 years ago
All filled up and ready.
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