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

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CULT Food Science Corp > RSU shares issued Aug 19 2022

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Post by Irishmist1965 on Oct 06, 2022 11:24am

RSU shares issued Aug 19 2022

"On August 19, 2022, the Company granted 10,000,000 RSUs to consultants of the Company, vesting immediately with an expiry date

of August 19, 2027."

Even if this company should recover it is giving away another 10 million RSU good for 5 years.

I know I sound like a broken record but could we please have some financial information regar ding the expectations for all these investments. Read the notes to the financial statements and it seems to be designed primarily for the insiders what with all the shares, options and warrants that they have become entitled to. There does not seem to be a balance between the retail investors and the insiders.

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