Asterion Facts...It would appear that the private company 'Asterion'....also owned by PREV's Van Deventer....is being touted as some sort of savior for PREV, for Asterion is a weed wantabee and PREV has a very loose arrangement/partnership with Asterion. And it would appear that Asterion has as much difficulty raises funds as PREV does....perhaps even worse.
Asterion Fact #1 - on July 10th of 2018, Asterion announces a private placement seeking $5 million. They only managed to raise $964k, and it took them six months to do it. [source: SEDAR]
Asterion Fact #2 - on January 24th of this year, Asterion announces a private placement seeking $5 million again. They only managed to raise $2 million, and it took them four months to do it. [source: SEDAR]
Asterion Fact #3 - on May 6th of this year, Asterion announces a private placement seeking $25 million for the phase one construction of a proposed cannabis plant. But NO closing of funds....of any amount....has been disclosed thus far! [source; SEDAR]
This is the same company [Asterion] that couldn't make their monthly $325k IP acquisition payments to PREV within weeks after signing the option deal.
And this is the same company [Assterion] that is suppose to raise $450 million to build the world's largest cannabis growing facility!!!
Be extremely careful of the pumpers/dreamers on this Board.