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Calyx Ventures Inc V.CYX.H

Calyx Ventures Inc. is a Canada-based company that offers solution to variety of online business sectors. The Company operates through subsidiaries, including Leafhub Technologies, Cannigistics and AutoMotoCast. Leafhub Technologies offers LeafHub, a software as a service (SaaS) application designed to aggregate participants of the cannabis and hemp industries onto a single platform to conduct business and trade. LeafHub consists of two main categories: Marketplace and Wholesale. The Marketplace offers consumers the ability to source and locate local cannabis products and learn more about cannabis in general. The wholesale Exchange is an online Exchange where growers, processors, wholesalers and distributors can conduct business. Cannigistics offers a custom marketplace software that merges a retail and wholesale e-commerce marketplace with an integrated messaging platform. AutoMotoCast is a network of users that anyone interested in buying, selling or trading a vehicle can join.


TSXV:CYX.H - Post by User

Post by bohemian61on May 11, 2019 9:17pm
91 Views
Post# 29738486

R . FORDE FLEECED THE INVESTORS !!

R . FORDE FLEECED THE INVESTORS !! Forde has ZERO credentials , has a 12 word bio on CYX website , Bloomberg has no relevant info . check for yourself https://www.bloomberg.com/research/stocks/people/person.asp?personId=302381369&privcapId=26471 No picture !! He found a gravy train with the Cannigistics deal (that was his boarding pass to get on ) . 8. RELATED PARTY TRANSACTIONS a) Transactions: Key management personnel include directors and senior management members. The Company paid or accrued the following amounts to key management personnel or companies controlled by them: Six months June 30, 2018 Six months June 30, 2017 Management fees $ 78,000 $ 66,000 During the six months ended June 30, 2018, the Company reimbursed a company controlled by an officer $27,000 (2017 $9,750) for cloud hosting costs incurred on behalf of the Company. As at June 30, 2018, accounts payable and accrued liabilities include $261,504 owed to the CEO, a company controlled by the CEO and a director (December 31, 2017 53,218). Amounts due to related parties are unsecured, have no fixed repayments and are non-interest bearing. b) Due to (receivable from) related parties: Six months June 30, 2018 Six months June 30, 2017 Personnel costs $ 6,000 $ - Professional fees 103,598 - Office expense reimbursements - - Loans 261,504 - $ 371,102 $ - Amounts due to related parties are unsecured, have no fixed repayments and are non-interest bearing
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