Beleave Inc BLEVF

Expansion

[kania747]

I called Kevin Keagan the CEO of believe today and we touched on a few subjects. Expansion - He claims it's still in the works but I feel like it's at a stand still. Apparently funds were/ are focused towards rolling out the vapes and other 2.0 products. He said it cost aprox 2 million to get the vapes out. Currently concrete has not even been poured in the expansion so not much has changes since the tour I took in november. Auxly - He said that they are talking and working on a possible repayment plan however there is a lawsuite in place. Apparently they cannot seize or go after any of beleaves assets and the lawsuits wouldn't take place for atleast a year or so. They do plan on paying back the debt whether that's lawsuit settlement or payment plan is to be determined. 2.7 million in orders- They are still working on these orders and it's not complete. Product is selling but based on what I took from the convo vapes dont seem to be flying off the shelves. They plan on rolling out other products in the future but it's an expensive process. Saxton consultants- They were hired for there connections and to help with the sale of London facility. They have brought a few potential buyers to the facility but still no sale. I didn't get an update of the saskatchewan store. all in all not much has changed with this company in my opinion. If you cant meet your deadlines why aren't you updating shareholder. He was beating around the Bush and saying he didnt say it would be complete at the end of January. What a joke.

[jupitercanada01]

Please so transparent, i dont believe you spoke with Kevin Keagan.

[RODy15]

Same here would Not give up so much info on the phone

[brianbki53]

Oh yes he would.  I've spoken to Kevin previiously and the info he provided as written by the original poster is something he told me preivously.  Especially the Auxly issue.  Thanks for calling him.

[Wallhalla]

We should find out very soon.  Beleave's Form 7 is due before market open on Friday and must include a certification that there is no material information that has not been publicly disclosed,  provide updates on the legal proceedings, and discuss any trends that are likely to impact the Issuer (lacklusture sale of vapes, cancellation of vape orders, etc). I would argue any delays

[kania747]

I dont know why you think I would make this up I'm at a pretty big loss here holding a bag of shares. You can all give him a call for yourself. I got his number calling beleaves customer number. 647 449 7352. let us know if you get any more information. thanks

[Wallhalla]

I think you are being completely forthright.  I just wish the company would disclsose these things to everyone as they happen so we do not all have to individually call Kevin for updates. At best the lack of transparency is poor investor relations , not to mention the issues it presents regarding selective disclsoure and tipping.  If Kevin said what you summarize then there is a problem

[Azt3kk]

Kevin and the beleave information chick both emailed me saying that there is construction but the expansion isnt done yet and also said that it was never promised (jeanette said that, not kevin) So i believe him

[Wallhalla]

They announced in June that the work on site is expected to take roughly four months before the greenhouse is fully operational (see link below) which means it should have been completed in October (roughly). The COO announced at the AGM on December 2nd that the expansion would be completely done by January 31st as it was already 80% complete (at the time) and is progressing with

[jupitercanada01]

First of all it is against  the law to give inside info to a investor and Beleave knows that and why would he give you info knowing that you will be posting the info on the internet which may effect the stock value.I could also take a phone number off there website and poste it on this board.If you claim that you spoke with Beleave next time record the conversation and post the

[Wallhalla]

Screenshot of the call would satisfy the doubters on this board. 

[jupitercanada01]

More like a recorded audio call screenshot is easy call at the number wait a while then hang up and then post the screen shot.If ever they do change there  minds on expansion along the way because it may hurt them financially its not a bad thing its a good thing.Its called playing smart to survive its called running a business.

[Wallhalla]

Maybe its smart to change their minds, but they have to announce it.  There are several investors and potential investors who are relying on their public statements being a true reflection of the status of the company in making their investment decisions.

[jupitercanada01]

Until they are not sure about a final decision, they will not post anything .The day to day operation is more important then anything else.I dont think that they would want to run there own company down to the ground.And look there shares are dirt cheap which is a aventage.if the stocks do go up in 2020 due to having a good year by playing smart we all make money!

[kania747]

Perhaps no updates because he claims they dont want to be "promotional". which makes sense but a follow up after not meeting a deadline is not promotional in my opinion. like someone mentioned earlier it doesnt matter if it was him or bob the builder. they said publicly it would be complete by the end of January. just my opinion. you can all take it how you want it. I'm just sharing

[Wallhalla]

Hardly seems like providing updates for somehting as important as their expansion is promotional.  Weren't they posting all kinds of photos on social media when construciton was moving along?  Wasn't it Kevin who was bragging about hiring operational staff on Facebook?  Something doesn't add up. 

[kania747]

Yeah they were all about the posts before now I dont see anything. I Hope saxton opens up some opportunity for them and gets london sold. that would free up alot of capital.

[wildhorse65]

I dont have any confidence in Kevin. I think he's full of chit. He's a stock broker pretending to be a CEO and he's milkin this feable old mastitis infected cow for every drop of lumpy milk he can get. You guys are still feeding her sileage. I dont think Saxton will do jack except take his shares and any money he can get or has got, and sell out. Im long here and I have been for too

[kania747]

well said my man. the old cow hasn't flopped over yet but shes deceased and on her way out

[Azt3kk]

saxton did buy shares at 2-3 cents like he said but like you said, look at the asks now, 4.5 million asks as soon as it hits above where he was buying, the scumbag saxton is flipping this stock and its easy to tell what he's doing

[Azt3kk]

2 million asks at 3.5, before saxton there were 2 million asks in total up to 6 cents, thanks kevin for bringing them

[jasken]

mr. donald only person can make money