Post by
geodcan on Jul 12, 2021 3:35pm
I just noticed that
Our old sister co that I used to mention just got suspended, I suspect for not filing financials and probably more. I'm talking about Bellrock, formerly Dixie Brands who seemed to have all of the same stuff going for them as BHANG. Same size, same 10 years of existence, 100 skus and same results when they ipo'd.
BHNG has lost some of its lustre for what seems like lack of progress when it had so much going for it although most of the shares changed hands to an investment company.
Bellrock Dixie tanked, jmho, by design by keeping the same managment that tanked Dixie despite some forward movement, we're told. Dixie has an award winning beverage and they also have a hook into Rebel Coast beverage but nobody is able to come up with a financial statement as required by the CSE.
Shades of Nortel!!! I don't like it and would love to see the SEC check all the orfices to see where the cash generating potential went.
If Bhng doesn't show some cards pretty soon that things are progressing in a satisfactory way, we could wind up in the same position. We already flirted with late financials which can also be described as hiding the facts.
I can't believe that my current bid hasn't been filled!
If TRUL jumps in with a premium bid, I can see PBIC taking the money and running. I don't have much faith in PBIC's ability to run a pot company.
glta and dyodd
Comment by
Bronson123 on Jul 12, 2021 4:29pm
Would truleive not wait for it to flunk then buy it from creditors at penny's on the dollar we all lose our investments ? not sure how the delisting would work.