Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap between science and tradition and to develop pharma-grade extracts and derivatives. The company is currently developing new product lines as the recreational market is expected to allow for food and beverage-based cannabis products.

GREY:BLEVF - Post by User

Beleave Inc > Might be a mistake

<< Previous

Bullboard Posts

Next >>

Comment by Wallhallaon May 30, 2020 10:53pm

325 Views

Post# 31092919

RE:RE:RE:RE:RE:Might be a mistake

"During the nine months ended December 31, 2019, the Company also issued 20,833,333 Common Shares to a former officer of the Company, to settle a balance of $500,000."

Looks like Jeannette provided a loan that was ultimatley settled by shares.

See page 28 of the April 29th Financial Statements https://webfiles.thecse.com/BE_Q3-2020_FS-refiled_Apr29.pdf?Wms1pg_4E2WcZcUhOr1Zi52r3O.Mmvho

Wallhalla wrote: The SEDI filing is incorrect. Beleave was not even trading on April 20th. You can check their disclosures to confirm.

TomConstantine wrote: She resigned in December 2019. Purchase was made April 20th 2020 and filed on April 28th 2020.