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Eat Well Investment Group Inc C.EWG

Alternate Symbol(s):  EWGFF | C.EWG.WT

Eat Well Investment Group Inc. is a Canada-based plant-based food investment company. The Company is focused on agribusiness, foodtech, and consumer packaged goods (CPG) brands. It offers the opportunity to invest in the entire plant-based supply chain, from seed-to-market, not a single brand or a single piece of the value chain. Its subsidiaries include Sapientia Technology LLC (Sapientia), Belle Pulses Ltd. (Belle Pulses), and Belle Pulses USA LLC (Belle Pulses USA). Its subsidiaries are at the forefront of processing, distributing, and marketing plant-based foods. With its family of private labels and owned brands, including Sapientia, Belle Pulses, and Eat Well, the Company is engaged in feeding families worldwide. Sapientia is primarily involved in the development of intellectual property (IP) in the savory snacking sector. Belle Pulses is a pulse processor in Canada. It produces a variety of pulse products to meet the demanding ingredient needs of the food industry globally.


CSE:EWG - Post by User

Comment by jermiah777on Jun 21, 2022 8:18pm
305 Views
Post# 34772702

RE:Normal course issuer bid

RE:Normal course issuer bidI guess the best way to describe why this discourages me is to put it in plain layman terms. Imagine the company saying..." look we want people to buy our shares and hold them for a year. So we will tell them we are going to buy 7 million shares sometime in the next year. That should make people buy our shares hoping that when company starts buying the 7 million, investors can sell for a profit. But we don't actually want to buy any so let's make sure we say that their is no assurance any purchases take place--------------------------------' Now contrast that with this announcement " the company believes our shares are drastically underpriced. So we will begin buying shares on the open market and will continue buying over the next four months until we have accumulated 7 million or the share price reaches our second financing price of 75c--------------- pretty obvious which announcement will be noticed by investing community
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