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Bullboard - Stock Discussion Forum CULT Food Science Corp C.CULT

Alternate Symbol(s):  CULTF

CULT Food Science Corp. operates an investment platform, which is focused on the development and commercialization of cellular agricultural technologies and products. It is advancing the development of technologies to provide sustainable, environmental, and ethical solutions to the global factory farming and aquaculture crises. Its products include Noochies!, Zero Coffee and Free Candy... see more

CSE:CULT - Post Discussion

CULT Food Science Corp > drops 25% and no comment.......eom
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Post by Irishmist1965 on Apr 13, 2022 9:55am

drops 25% and no comment.......eom

A press release every second day about the latest "investment" and none when the price drops 25% on its way to single digits.

It  seems like it is a 'pat me on the back' for all the cutting edge techologies I have invested in and see how smart I am......

what's that....Oh yes we are a public trading company and maybe we should pay attention to cash flow and the health of the stock price...duh
Comment by maoae7 on Apr 13, 2022 10:25am
I only invested a little, so i didn't bother to do much DD. From Sedar;  "Debt settlement 10,000,000  shares for $100,000". That is .01 a share.. No wonder the roller coaster.  
Comment by Irishmist1965 on Apr 13, 2022 11:20am
went on sedar and latest entry I was able to see was Feb 9, 2022. Could you direct me somewhere else so  i could read about the  transaction/ thank you.
Comment by maoae7 on Apr 13, 2022 12:38pm
 the deal was made before they went public. Back in 2020 or 2021. 
Comment by Irishmist1965 on Apr 13, 2022 1:20pm
Do you mean that was done prior to the IPO and it was done 2-3 years  ago before any investments were made? If so, something else is causing this drastic drop.. Just wish the company would say somthing. There are millions of shares traded everyday , someome must know something.
Comment by maoae7 on Apr 13, 2022 1:34pm
The old name was "triangle something". It my have something to do wth the old shell. I did pick up some at .155. Fun money.
Comment by TomConstantine on Apr 16, 2022 3:11pm
There is an Agra investment in Cult. There is also a massive Derivative Action on behalf of Agra (near $200 million). Not sure if there is any crossover as of yet.
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