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Preveceutical Medical Inc C.PREV

Alternate Symbol(s):  PRVCF

PreveCeutical Medical Inc. is a Canada-based health sciences company. The Company’s principal business activity is the development of options for preventive and curative therapies utilizing organic and nature identical products. The Company’s pipeline includes Cannabinoid Sol-Gel, Non-Addictive Analgesic, BSV Peptide Program and Dual Gene Therapy. Its Cannabinoid Sol-Gel is a cannabinoid-based nose-to-brain delivery system that provides relief to a range of indications from pain, inflammation, seizures, and neurological disorders. Its Dual Gene Therapy for curative and prevention therapies for diabetes and obesity. Its Nature Identical peptides for treatment of various ailments. Its BSV peptide program targets cancer progression. Its nonaddictive analgesic peptides as a replacement to the highly addictive analgesics such as morphine, fentanyl and oxycodone and a therapeutic product for treating athletes who suffer from concussions (mild traumatic brain injury).


CSE:PREV - Post by User

Bullboard Posts
Comment by CanadaCoinon Sep 16, 2019 12:33pm
58 Views
Post# 30131651

RE:RE:RE:RE:RE:RE:RE:RE:Just Steps Away

RE:RE:RE:RE:RE:RE:RE:RE:Just Steps Away

"Asterion has already paid the 325,000$. They own around 6.25%"

Try and catch up here Stock, we are talking about the missed payments of July and August....not the contract signing payment. 
 

"For the 2 other payments, maybe they did the payments by now."

Stock514, you have obviously fallen in love with the stock and can no longer rationalize. Therefore, I will continue to post facts, as you continue to dream. 

If I owned a stock where managment [Van Deventer, CEO Asterion and PREV] breached a payment within weeks of signing the contract.....I'd be making some pretty quick phone calls. I know you don't know this Stock, but the PREV Board approved the 51% selling of Sol-Gel on July 8th, and the contract was finalized on the same day. Therefore, just two weeks later when the $325,000 July 22nd payment was due, all Van Deventer [of Asterion] could come up with was $20k. And on August 22nd, he couldn't come up with anything. And now the September payment gets even larger....$390,000!

He 'breached' the contract within two weeks of signing Stock! Did he [Van Deventer] not know that Asterion was broke also? Why aren't you furious.....this is your money [investment] he is dicking with? 


Stock514canada wrote: --> " no one is left to back the much needed R&D funding! .. if you can believe that. That speaks volumes Stock, but not in a positive light.  "

Stock price doesnt always reflect the companies performance.. Our the Ceo has been loaning money to the company for the past year. And I don't think we'd have difficulties raising money for the commercialization
 of the Sol gel nasal spray once everything is done.


Asterion has already paid the 325,000$. They own around 6.25%.. For the 2 other payments, maybe they did the payments by now.

 

Payment Date

Payment Amount (CAD)

Earned Interest (%)

Effective Date

$325,000 (paid)

6.25%

July 22, 2019(1)

$325,000

12.50% (additional 6.25%)

August 22, 2019(1)

$325,000

18.75% (additional 6.25%)

September 22, 2019

$390,000

26.25% (additional 7.50%)

October 22, 2019

$390,000

33.75% (additional 7.50%)

November 22, 2019

$390,000

41.25% (additional 7.50%)

December 22, 2019

$507,000

51.00% (additional 9.75%)

TOTAL:

$2,652,000

51%




Bullboard Posts