Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

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Beleave Inc

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Post by SSPJ007on Nov 29, 2018 10:25pm

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Post# 29043192

LOSING TRUST!!!!!!

I have been a patient investor for a long time, kept putting more money as the prices dropped.... After seeing the financials today, I have lost COMPLETE TRUST in the management and the board. Here we are losing millions of dollars and on the other side they gave themselves a bonus of 27.6M shares at market value of 6M. THIS IS BONUS, not a stock option. All the money they raised and had, is gone in the form of share based compensation and, management and consulting fees, 12.2M and 8.1M respectively within last six months.......WOW... As of Sept they had 3.5M cash left, which is probably gone by now. So I don't know how they are going to meet their burn rate and expansion. Maybe by giving 20% off of already bottomed out share price to Alumina!!!!! Oh Man, they made a fool of us!!!! Lets hear them tomorrow.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?