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Bullboard - Stock Discussion Forum Pharmadrug Inc C.PHRX

Alternate Symbol(s):  LMLLF

PharmaDrug Inc. is a Canada-based specialty pharmaceutical company. The Company is focused on the research, development and commercialization of controlled-substances and natural medicines, such as psychedelics and previously approved drugs. The Company’s subsidiary, Sairiyo Therapeutics (Sairiyo), is a biotech company that specializes in researching and reformulating established natural... see more

CSE:PHRX - Post Discussion

Pharmadrug Inc > Trip and Buzz
View:
Post by joe9904 on Jan 23, 2021 5:52pm

Trip and Buzz

Is there some sort of investment berween these two? I believe I saw one had an interst in the other. Cannot find anything in the Insider Reports.
Comment by ColbyCo7 on Jan 24, 2021 1:17pm
You are correct,   https://webfiles.thecse.com/sedar_filings/00004119/2007160541298200.pdf
Comment by joe9904 on Jan 24, 2021 3:58pm
Thanks. I guess the amount is so small it would not be considered as significant shareholder.
Comment by Fishercat1 on Jan 24, 2021 4:19pm
I beilieve we hold 12 million Trip Shares Joe last time I looked so 60 million $ plus in my world is good coin . Cheers . 
Comment by ColbyCo7 on Jan 24, 2021 4:34pm
I think you mean 6 million 
Comment by Fishercat1 on Jan 24, 2021 5:12pm
Tks Colby. I guess some was sold to put in the kitty . Still 30 million bucs is decent coin. Cheers . 
Comment by Viguys on Jan 24, 2021 6:14pm
Hmmm.  Don't think you are picking up what I'm putting down.  12 million shares * 0.50 cents a share = 6,000,000 dollars  I'm also not certain if it is actually 12M shares 
Comment by Fishercat1 on Jan 24, 2021 6:36pm
Yah I should lose a zero there lol. My bad . 
Comment by Viguys on Jan 24, 2021 8:25pm
I found this from a December news release. If these exercised their warrants in trip they would have just shy of 8.5M shares Secondly, the Company holds 4.24 million shares of Red Light Holland Corp. (CNSX:TRIP.CN) (FSE:4YX) (OTC:TRUFF), of which it has not yet sold any shares. The Company also holds 4.24 million warrants of Red Light Holland exercisable at a price of $0.26 per share.
Comment by joe9904 on Jan 24, 2021 8:39pm
Thanks. I seem to remeber from somewhere, RKH owns some BUZZ shares as well. Something to do with distribution and retail in Europe.
Comment by SamRothstein on Jan 25, 2021 8:38am
Yes their last written statement showed that.   And TRIP looks like it will gap up this morning from $.51 to $.55, and a lot of bullish sentiment that TRIP breaks out strong this week.  Even at $.55 that is $4.67 million.  Considering BUZZ has market cap of 17.5 million, I do think this is material.