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EastWest Bioscience Inc V.EAST.H

Alternate Symbol(s):  HBOSF

Eastwest Bioscience Inc. is a Canada-based vertically integrated wellness company. The Company has a multitude of business units and assets that allow for seed-to-sale supply chain management. The Company sources its raw materials, processes, manufactures, tests, brands, markets and distributes its products to its customers in Canada, the United States, and other countries. The Company owns and operates retail and manufacturing subsidiaries. Its retail subsidiary is a Canada-based natural health retail franchise, the Sangster's Health Centre's, which is involved in the health and wellness industry. Orchard Vale Naturals is the Company's manufacturing arm that is certified with a Health Canada Site License and has GMP Certified NHP Manufacturing capabilities. Orchard Vale Naturals is specialized in custom blends and production runs of all sizes, small to large. Orchard Vale Naturals operates out of the approximately 34,000 square Health Canada licensed facility in Penticton, British Col


TSXV:EAST.H - Post by User

Comment by OneTwoOneTwoon Jul 14, 2020 1:43pm
109 Views
Post# 31266428

RE:RE:Suspended till July 22nd

RE:RE:Suspended till July 22ndMore misleading information from EAST above. The halt is connected to the FDA claims they made and likely a number of other false claims.  

.... Securities and Exchange Commission that the public interest and the protection of investors require a suspension in the trading of the securities of EastWest Bioscience Inc. (“HBOSF” or “the Company”) because of questions regarding the accuracy and adequacy of information that HBOSF is providing to the marketplace since at least May 28, 2020.

Those questions relate to statements HBOSF made about the U.S. Food and Drug Administration’s approval of the Company’s hand sanitizers in a May 28, 2020 press release issued by the Company.

Ask Rod what their real business operations are. Not what you are led to believe that is for sure. I bet the shareholders would love to hear about the pivot to reselling junk furniture out the back. lol

 

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