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Justera Health Ltd C.VTAL

Alternate Symbol(s):  SCRSF

Justera Health Ltd. is a Canadian company focused on health and wellness. It offers personalized healthcare services and solutions, such as IV Vitamin Therapy, premium nutritional supplements through its Naturevan Nutrition brand, a full 360-degree wellness and spa experience through Juillet Wellness that provides registered massage therapy, acupuncture, and new retail stores in Vancouver. Its Concierge Medical business provides discreet and personalized concierge healthcare services, including IV Vitamin Therapy. Its services include Screenpro Security, Justera Health Product, Naturevan, Juillet Wellness, and TRINITI Corporation. It is also specialized in providing efficient COVID-19 testing and same-day test results through its Canadian labs. It offers two convenient methods to test: in clinic testing or mobile at home testing. It is a distributor of TonyMoly skin care products in Canada. It provides a full-service wellness center, providing a range of beauty and wellness services.


CSE:VTAL - Post by User

Comment by Smokey1958on Oct 30, 2021 9:13pm
97 Views
Post# 34069816

RE:RE:RE:just wondering,,

RE:RE:RE:just wondering,, Thanks for the numbers, Raps! the other key piece is "where does the money come from to repurchase?" As the following states:

"A stock buyback, also known as a share repurchase, occurs when a company buys back its shares from the marketplace with its accumulated cash."

While certain individuals within SCRN management have accumulated cash the company itself, based on the financials, would have only the profits from Q2 to repurchase outstanding shares ...clearly not enough to make a difference and not something a company that is just starting would typically have the means to do.

This does not imply that SCRN management and other insiders couldn't purchase shares ...but buying on the open market as opposed to a repurchase in the midst of manipulation would be no less risky for them than it has been and is for retail investors. In fact the whole point of a repurchase is to reduce the number of outstanding shares to ignite an upward movement in the sp by reducing overall "supply" ...instead of going the route of a reverse stock split ...which rarely works out for retail investors as they hold a fraction of the shares they once owned.

Thanks again!!!

RapsAlot wrote: Each day of purchase must also be under 20% of daily average volume. 


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