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Nabati Foods Global Inc C.MEAL

Alternate Symbol(s):  MEALF

Nabati Foods Global Inc. is a Canada-based plant-based food technology company. The Company designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives. The Company is no longer operational.


CSE:MEAL - Post by User

Comment by donteatbeyond1on Jul 19, 2022 5:59pm
106 Views
Post# 34835697

RE:RE:RE:RE:Finally

RE:RE:RE:RE:FinallyNabati ($MEAL) stock suspended/halted by CSE: https://thecse.com/en/about/publications/bulletins/2022-0708-suspensions-mccn-meal-wbio-tele-gbmc-cbdn

How did Nabati burn through over $7million raised last year and lost about $12 million per its third quarter 2021 filing? Ahmad ('the fraud') Yehya - where did all the money go?? OSC and BC securities commission need to investigate him and the former Board of Directors trading and where all the money went - definitely insider trader on non-public material information occured. How does the CSE allow companies like this to list?

From July 8th sedar filing: "The Company’s Board of Directors and management confirm that they are working expeditiously to file the Required Documents and expect to be in a position to file the Required Documents by July 31, 2022, instead of by June 30, 2022 as previously anticipated. The Company also announces that Sean Ty has resigned as a director of the Company to pursue other opportunities. The Company is in the process of appointing new directors to fill the vacancies. In the meantime, the Company’s management has decided to suspend operations effective immediately. The Company will issue a further news release when the vacancies in the Board of Directors are filled and / or when operations are resumed."
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