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Golden Grail Beverages (OTC: GOGY) Addresses Caveat Emptor Designation
Golden Grail Beverages (OTC: GOGY) Addresses Caveat Emptor Designation.
About this update from Golden Grail Technology Corp
[{"type":"text","content":"\n\n\n\nGolden Grail Beverages (OTC: GOGY) Addresses Caveat Emptor Designation\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGolden Grail Beverages (OTC: GOGY) Addresses Caveat Emptor Designation\nPR Newswire\nFORT LAUDERDALE, Fla., March 27, 2023\n\n\n\nFORT LAUDERDALE, Fla., March 27, 2023 /PRNewswire/ -- Golden Grail Technology doing business as Golden Grail Beverages, (OTC: GOGY), wants our shareholders to know that the company emphatically disputes the Caveat Emptor designation that was placed on GOGY's profile by OTC Markets after the market closed on Friday March 24th, 2023, and that management will pursue every available option to correct this issue.\nGolden Grail put out a press release on the morning of Friday the 24th regarding the promotional emails that had been sent without the company or management's consent or knowledge.  In fact, we were not aware of these emails until management reached out to OTC Markets to inquire about the reason it had been given the \"Stock Promotion\" designation.  Once the company was notified of the promotional activity, we engaged legal counsel and sent cease and desist letters to the senders of the promotional activity.  We have been unable to see any mention of Golden Grail on the websites related to the email handle of the senders, or find any real person or company associated to these email handles.  The email sent on March 14th actually recommended that GOGY shareholders sell their stock, which makes it ludicrous to believe that the company would send that email as it defeats the purpose of a promotional email aimed at increasing the price of GOGY stock.  Our investigation concludes that these emails have been sent by short sellers not only to negatively impact the trading of GOGY's stock, but also as a last resort tactic to make it look like Golden Grail is engaging in promotional activity affecting our OTC Markets status.\nThe company is not aware of any other promotional activity, and OTC Markets has not brought any other promotional or questionably activity to our attention.  Golden Grai...