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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 a 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

Bullboard (CSE:WIB)

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Post by KozmoTon Jun 02, 2021 4:05pm

Hey keep in mind

they have yet to file their Interim Financial Statement for the first quarter.   That should be fun ....
96
Post by KozmoTon Jun 02, 2021 2:31pm

Here's how it went down...

THEN ..... "Hemmingford greenhouses are a great idea, lets "lend" $3 million to our relatives with no experience to build greenhouses." They report ... "We're " ...more  
210
Comment by BoZigeron Jun 02, 2021 2:25pm

RE:RE:RE:RE:RE:RE:MMJ status

Its pretty comical that it was a great idea and all of a sudden its a bad idea which just happens to coincide with the 3 Million being at basically zero now. Its true, good ideas become bad when the ...more  
99
Discussion
Comment by KozmoTon Jun 02, 2021 2:02pm

RE:RE:RE:RE:RE:MMJ status

LOL, you forget they were telling people almost the whole time that it WAS a good idea because they were still hard at work "making progress" on the construction ... when in fact they were ...more  
102
Discussion
Comment by BoZigeron Jun 02, 2021 1:30pm

RE:RE:RE:RE:RE:MMJ status

Apparantly they thought it was a bad idea back in 2020 but didn't bother to tell anyone. LOL. $2.2M lost shoveling some dirt around, excellent value proposition for investors.
59
Discussion
Comment by ODBillyP15on Jun 02, 2021 12:37pm

RE:RE:RE:RE:MMJ status

It was a good idea at the time, not such a good idea now. 
72
Discussion
Comment by Griptionon Jun 02, 2021 12:31pm

RE:RE:RE:MMJ status

Name a weed company that only pretended to build greenhouses for 3 years (complete with phoney updates).
61
Discussion
Comment by ODBillyP15on Jun 02, 2021 12:08pm

RE:RE:Lease obligations

Name a weed compamy that doesnt heve bad debts from invesments made before the canadian government implemented weed laws.  
78
Discussion
Comment by KozmoTon Jun 02, 2021 11:09am

RE:Lease obligations

You forgot they pay $6000 per month on the Dorval fiasco that sat there doing nothing for so long.  That's not a typo - $6000 per month.  Then there's the mortgage on the dead ...more  
92
Discussion
Post by bucheroncapitalon Jun 02, 2021 8:48am

Lease obligations

MMJ lease obligations alone surpass the available capital 1,206 vs 1,032 and that passive jumped from 160K 12/19 to 1,206 k 12/20 ? 
150
Discussion
Comment by KozmoTon Jun 01, 2021 4:10pm

RE:RE:If they were smart they'd leave the country. Think about it.

From their Monthly progress report dated Oct 6th ... "Site preparation at the Hemmingford site has been largely completed." ... HEY BORIS - WHERE ARE THE MISSING FUNDS?!?!??!
106
Discussion
Comment by BoZigeron Jun 01, 2021 3:42pm

RE:If they were smart they'd leave the country. Think about it.

I still can't believe they decided in 2020 that Hemmingford was no longer viable but didn't bother to tell investors until mid 2021 LOL. I'm hoping that's a typo in the notes.
61
Discussion
Post by KozmoTon Jun 01, 2021 3:30pm

If they were smart they'd leave the country. Think about it.

Hemmingford is written off and nobody knows where the missing money is? Trichrome is written off completely ... no more edibles Yunify written down to $1 "Fair Value" Dorval finally ...more  
244
Discussion
Post by BoZigeron Jun 01, 2021 3:24pm

I Thought Hemmingford Was Secured with a 3M Mortgage

Why would they need to write off 2.2M the property is worth 3M? Answers please Jjerryy/Stocky/Blowsy
87
Post by BlackjackBennyon Jun 01, 2021 2:13pm

Looks Like

They have all gone into hiding.No phone calls to be answered or voice messages can be left.
118
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