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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 suomynonaon May 04, 2022 3:51pm
218 Views
Post# 34656291

RE:What is happening to this stock.

RE:What is happening to this stock.


It's a 1/2 cent stock, that's what... It's also bogged down in court, and a main veggie supplier is China.

Go back a few pages on this forum and read:
"two notices of claim that Mr. Purewal filed at the Vancouver courthouse on Oct. 8, 2021. The defendants are Nabati Foods and Nevada Lithium. Also named in each suit is K2 Capital Advisors Ltd., a private entity that owns shares of both companies, as is Olympia Trust Company, the transfer agent.

The lawsuits stem from shares that Mr. Purewal claims to have purchased on Jan. 21, 2021, in the predecessors of Nabati and Nevada Lithium. He says that he bought 400,000 units of Nabati's predecessor at 0.5 cent and 300,000 shares of Nevada Lithium's predecessor at prices of 0.5 cent and two cents. (The prices would make his total cost on the purchases $6,437.)"

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