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Bullboard - Stock Discussion Forum Maven Brands Inc C.MJ

Alternate Symbol(s):  TRLFF

Maven Brands Inc. is a Canada-based licensed processor serving the burgeoning craft cannabis community in Canada with a full suite of production, processing, and packaging solutions. The Company, through its subsidiary, Maven Cannabis, owns and operates an approximately 19,500 square foot cannabis facility at the 40-acre Monashee Gateway Business Park, situated in the Village of Lumby at the... see more

CSE:MJ - Post Discussion

Maven Brands Inc > True Leaf projections
View:
Post by BCStock on Apr 03, 2020 9:45pm

True Leaf projections

Present Status and projections:  True Leaf has no money, lots of debt, a piece of land and an empty building never used.  The value of the Canadian cannabis grow op licence is unknown.  The American loan sharks have stepped in and made sure their USA buddies administer the investigation of True Leaf and charge tonnes of management fees.   The True Leaf main financial bean counter dude has fled the scene.  The CEO is jumping up and down exclaiming he could save the company by making face masks for dogs.  Present creditors, should as soon as they can, pry it out of whomever is caretaking True Leaf, a complete list of all the creditors and what is owed.  Shareholders of non-preferred shares sadly are at the bottom of the heap and likely nothing will be left.  You might have to wait until True Leaf is formally declared bankrupt to find out the collateral damage to suppliers and shareholders.  The CEO is retained and given a nice salary during this time, as the investigator hired firm and later the bankruptcy managing firm try to figure out what exactly was going on.  The directors are busy researching if they have any True Leaf liabilities, and pondering when to jump ship.   Interesting business idea, but history repeats itself.  Due your due diligence always and keep your emotions at bay.   Happy investing again some day.
Comment by Weston on Apr 04, 2020 5:27pm
This post has been removed in accordance with Community Policy
Comment by steve957 on Apr 04, 2020 9:50pm
no offence if you buy this your fuken dumb!!!!! if you are still holding this you fuken brain dead !!!!!!!!!!!!! this will be delisted very soon good luck
Comment by Weston on Apr 04, 2020 10:32pm
This post has been removed in accordance with Community Policy
Comment by pvtinvestorguy on Apr 13, 2020 1:02am
yup History repeats itself... . https://www.newswire.ca/news-releases/darford-agrees-to-enforcement-of-hsbc-indebtedness-and-security-if-alternative-transaction-is-not-entered-into-by-september-13-2012-510697171.html
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