Plant-Based Investment Corp C.PBIC

Primary Symbol: CWWBF

Plant Based Investment Corp is an investment corporation that offers exposure to the cannabis sector. Its focuses on investments that relate to the broader cannabis plant family, including hemp plants and cannabinoids, including CBD, CBG, and CBN, along with other terpenes and flavonoids found in cannabis and other plants.

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Plant-Based Investment Corp > Management is a big ZERO for this one.

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Comment by QcTraderon Jan 14, 2022 12:39pm

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Post# 34317550

RE:RE:Management is a big ZERO for this one.

either that.... or simply let the valuation evaporate and pick for pennies on the book-value dollars because they need capital to keep the lights on.

Why else would a company not press release anything for 2021?

They do not want any positive attention despite being trading at 1/3 its book value.

There is no better way than to remain quiet and let this drift to pick the pieces for a fraction of what their book value is.

What will happen next? A capital raise to maintain their salary? not to mention a dilutive raise at 1/3 its book value... to potentially not create any value.

Their last raise goes back late 2020/early 2021, 1.5m$ again another raise at 1/3 its book value with no debts.

Now the same scenario will repeat itself.

Why was there a rebrand? Why was there a website Soon to come? What is wrong with this management? i dont know but feels like we are soon at the end of it and not in a good way unfortunately.