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Bullboard - Stock Discussion Forum West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

Healthcare
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... see more

CSE:WIB - Post Discussion

West Island Brands Inc > Remember this team of geniuses made only $121K in revenue
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Post by KozmoT on Jun 17, 2021 6:56pm

Remember this team of geniuses made only $121K in revenue

all of last year but the "Cost of Sales" was $305K.  In other words it literally cost them almost $3 for every dollar in revenue they earned. Investors would literally be better off if they just closed shop and waited for management relatives to pay back the missing $3,000,000 they were "loaned" to build the non-existent greenhouses.

And you wonder why they are giving free options to a criminal defense lawyer?!?!
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