Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that develop products for West Island, including topicals and ionic mists. The Company and Yunify have developed a spray mist that captures cannabis smoke odors through Yunify’s Natural Ions Encapsulation technology; cannabis odors are trapped, and they are neutralized. Its brands include OUEST, CITOYEN and Silk Road. OUEST brand is represented by Grandpa's Stash and Jelly Cake flower offerings. CITOYEN brand is represented by the King Louis and Clementine Punch flower offerings. Its Silk Road is a hashish blends.


CSE:WIB - Post by User

Bullboard Posts
Comment by NextTrendSearchon Jan 23, 2018 1:49pm
46 Views
Post# 27417426

RE:so....

RE:so....Most of the sales were right before or just after they exercised warrants/options. Very few directors of companies ever feel they should take money out of their pockets as they are doing all the work so they sell some to pay for their options. 

From the company perspective this is good as it puts money in the bank to pay for operations and of course expansion/other opportunites. 

I think Sloppy did the math a while ago but with all the options/warrants exercised the company would have the money to build the next oportunity and only be in need of cash via a PP if they finalized the 400k sq ft facility in Ontario.

And as for the other shares, we all feel entitled to take profits where/when we choose, why should the management team be exempt from that? We all need cash from time to time.

Only my opinion!

GL
Bullboard Posts