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EastWest Bioscience Inc V.EAST.H

EastWest Bioscience Inc. is a Canada-based vertically integrated wellness company with 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 others. It owns and operates retail and manufacturing subsidiaries. Its retail subsidiary (natural health retail franchise - the Sangster's health centers) is engaged in the health and wellness industry. Its stores provide natural remedies for the prevention and treatment of disease and ailments. It has over 202 exclusively labeled products, including vitamins, mineral, herbs, proteins, natural body care and organic foods. The Company, through its subsidiary, Orchard Vale Naturals Inc., is a Health Canada licensed manufacturing facility with capabilities to encapsulate, package and label. It manufactures health supplements for B2B clients.


TSXV:EAST.H - Post by User

Post by Odelayon Aug 02, 2019 10:58am
116 Views
Post# 29988328

Totally insane!

Totally insane!There are 6 individuals with 229k shares for sale at 6 cents. Who are these people? How is it that they own these shares, almost certainly paid more for them than 6 cents, and want to sell them when the company continues to develop rapidly and achieve beyond what it originally proposed? Who would think that in less than a year the company would have made such progress on gaining approvals and developing in the USA? 

Why are people selling? It simply makes no sense. Is it just that the volume is low and they want out? Don't they know that it takes a long time to develop a small business. I have never seen such consistent accomplishments, and all within a very reasonable timeframe. The selling is totally insane. 
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