Plant-Based Investment Corp CWWBF

Trading at 3.7x book value??

[BizarroJerry1]

Someone tell me what I'm doing wrong here. As of today, 25,000,000 shares outstanding and the price is .36, for a market cap of $9m. According to their last report, as of July 31, 2021 they had shareholder's equity of $34m. Even accounting for further investment losses, that's crazy. Am I doing my math right or am I an idiot?

[QcTrader]

Your maths are fine Jerry,  What is not fine here is the INVESTORS OUTREACH. this is beyond RIDICULOUS. Is management unaware that you can highlight that your undervalued by press releasing a NAV ?  They have been making numerous investments in Ontario and California.... yet UNCAPABLE of reaching out to the investing world. DO SOMETHING YOU SNAILS!     

[nightowl21]

I listened to Wes Edler and Jamie Pearson today at  Benzinga Cannabis conference for Bhng...very solid presentation! With Bhang at 6.5 cents and Aion at 3.0 cents.. PBIC is not going to move! For some reason both these stocks being controlled by Market Makers.....something brewing......jmho!

[QcTrader]

usually when its something good... its green not red!  i smell a disappointment around the corner.  This management has been a trainwreck 100% due to their communication efforts! ( 0 ) now obviously i wont sell a share because they are worth 1/3 their NAV....  and they are somehow executing on a very very very secretive plan.    

[nightowl21]

Pbic is an investmen Holding Company...they make investments to support their Ket projects namely Bhng,Aion,Grin! They clearly state that as their purpose ie reason for existing! Other than producing their financials and hopefully one day an updated website....their efforts are to support and build these companies! I believe that the support and leadership  that Bhng,Aion,Grin  are

[QcTrader]

Have you seen the number of investments they make yet nothing publicly announced? look at their california deal "fume growth fund II" thats a story to tell on its own.  Few other cannabis investment stocks have a look at $RKS now called ($EWG)  or $QCA or $XSF  look at their flow of news releases..... this is what one should expect from an investment corp imo. 

[BizarroJerry1]

Aion is a disaster, got out with a small profit at .14 and I've been watching it slide down to zero. 

[SlumdogMillionaire]

I hold a fair amount of shares and I'm pissed too. Paul Crath should be FIRED. Let's band together and make it happen. Anyone here with legal acumen know if we can do anything relating to derelection of fiduciary duty? 

[QcTrader]

As much as i am pissed about the share price action Paul Crath is a great asset to PBIC, hes a very smart cookie. Hes the type of guy that can manage this complex financing nightmare, however i do agree he needs some guidance for public outreach.  Being capable of raising capital is one thing..... raising it at a fair value is another.