Speakeasy Cannabis Club Ltd SPBBF

RE:How do they get away with this?

[leo101]

JohnFriesen wrote: "The deal with Speakeasy is contained in a settlement agreement that the BCSC released late on Tuesday, May 5. The deal stems from a financing that Speakeasy closed in July, 2018. The placement was supposedly for $3-million, but Speakeasy actually only received $1.55-million, a fact that it did not disclose. The company returned the remainder of the money as purported consulting fees, the BCSC says. Those purported consultants, who provided no services, later sold their shares on the market, realizing a $1.53-million profit, according to the settlement."

paying 55% interest on a loan and they giving over half of it back is a pretty sweet deal for the consultant.

what was the advice from the consultant;  grow the good stuff man.

it's like the good old days on and vancouver exchange.