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CULT Food Science Corp C.CULT

Alternate Symbol(s):  CULTF

CULT Food Science Corp. is a disruptive food technology investment platform focused on making investments to commercialize lab grown meat and cellular agriculture to reshape the global food industry. The Company’s investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets. Its products include Noochies! which is a protein formulation for dogs and cats designed to provide the ultimate balance of taste, health, and sustainability. Noochies! products contain Bmmune, a patent-pending animal-free ingredient that delivers high quality and sustainable proteins with nutrient specifications similar to conventional meat.


CSE:CULT - Post by User

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  • OchterloneyX
Post by Ochterloneyon Jul 16, 2022 11:39am
275 Views
Post# 34829009

From Sedar filing MD&A shares issued

From Sedar filing MD&A shares issuedHere is an example of an actual share transaction for insiders in August 2021. These shares were followed by a stock split of 2 new for each old share and thus the price is reduced to 0.01 cents per share. Plus the additionof the five year warrants also reduces their original cost. Even at 0.08 cents t hey can get 8 times their money back in less than a year. and they say there is no money in Junior stocks (for the retail investor that is). and you wonder why the little guy gets discouraged.

the info in sedar:

On August 23, 2021, the Company announced a private placement of 76,375,000 units (the “Units”) at a price of $0.02 per Unit for gross proceeds of $1,527,500 (the “Private Placement”). Each Unit will be comprised of one common share in the capital of the Company and one share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share at a price of $0.10 for a period of five years from the date of issuance. The Units will be subject to a four-month and one day hold period from the date of
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