Biorem Inc V.BRM

Massive buyback

[FinnishFlash8]

Biorem is buying TPFG's shares and cancelling them. https://finance.yahoo.com/news/biorem-announces-proposed-purchase-cancellation-120000523.html

[KnowledgeSeekr8]

Wow this is massive! Been waiting for great news like this for a while. This could take the share price north of $1.00 with any type of good earnings news at the end of the year. Bravo Biorem management, not upset about saying goodbye to the Chinese ownership group

[FinnishFlash8]

This is the kind of cancel culture I like. :)

[KnowledgeSeekr8]

Defintely a cancel culture I can get behind! I'm now pretty happy with my decision to add another 100,000 shares since the fall below $.50. Picked most up between $.43 and $.45! I even managed to pickup another 2800 shares this morning at the open at $.47 Just wish I had more cash available in my account right now.

[Possibleidiot01]

Spending all the available cash on hand plus some debt to solve a long standing share overhang from TPFG Environment Investment Limited ("TPFG") for an aggregate purchase price of $12,316,974 . . Cash on hand at June 30, 2021 stood steady at $10.2 million. Earnings from operating activities during the quarter generated $172,000 of cash and this was offset by $760,000 of cash used to fund