Beleave Inc BLEVF

Expansion

[kania747]

I called Kevin Keagan the CEO of believe today and we touched on a few subjects. Expansion - He claims it's still in the works but I feel like it's at a stand still. Apparently funds were/ are focused towards rolling out the vapes and other 2.0 products. He said it cost aprox 2 million to get the vapes out. Currently concrete has not even been poured in the expansion so not much has changes since the tour I took in november. Auxly - He said that they are talking and working on a possible repayment plan however there is a lawsuite in place. Apparently they cannot seize or go after any of beleaves assets and the lawsuits wouldn't take place for atleast a year or so. They do plan on paying back the debt whether that's lawsuit settlement or payment plan is to be determined. 2.7 million in orders- They are still working on these orders and it's not complete. Product is selling but based on what I took from the convo vapes dont seem to be flying off the shelves. They plan on rolling out other products in the future but it's an expensive process. Saxton consultants- They were hired for there connections and to help with the sale of London facility. They have brought a few potential buyers to the facility but still no sale. I didn't get an update of the saskatchewan store. all in all not much has changed with this company in my opinion. If you cant meet your deadlines why aren't you updating shareholder. He was beating around the Bush and saying he didnt say it would be complete at the end of January. What a joke.