Bullboard - Stock Discussion Forum THC Biomed Intl Ltd C.THC

Alternate Symbol(s): THCBF

Healthcare Cannabis

THC Biomed Intl Ltd. is a Canada-based cannabis producer. The Company’s principal business is the production and sale of cannabis through THC BioMed Ltd., which is a small batch Licensed Producer as regulated by the Cannabis Act which regulates the production, distribution, and possession of cannabis for both medical and adult recreational access in Canada. The Company’s biological assets... see more

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CSE:THC - Post Discussion

THC Biomed Intl Ltd > 2021 THC will dissolve operations

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Post by Turdfinder5 on Oct 23, 2020 6:34pm

2021 THC will dissolve operations

They obviously can't make payroll.

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Comment by KelownaClown on Oct 24, 2020 9:05am

I guess I'm a bit behind the news. If I'd checked the CSE website and read this, I wouldn't have needed to ask the question about why the big dump yesterday. Same old, same old, eh? Walter, that was a good question you asked JM about Alumina, and of course you didnt get an answer. Anyone left on this board who doesn't know what we're talking about with the financing that JM ...more

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Comment by Walterthedog on Oct 24, 2020 9:13am

I can't think of a worse way to raise money. I can't think of a more perfect way to destroy the value of the company than to have further tranches up to a total value of 1.5M$ waiting in queue to continue to decimate the SP. Any credit I have given Miller in the past, I take back. I'm really curious what he thinks the next round will go for? More than market value? I think not.

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Comment by Greenbuds on Oct 24, 2020 9:22am

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Comment by Greenbuds on Oct 24, 2020 9:24am

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Comment by Greenbuds on Oct 24, 2020 9:47am

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Comment by SheerBolshevik on Oct 24, 2020 9:54am

Who the heck are they going to convince to buy any of these shares when the shareprice and value is literally getting decayed and diluted into oblivion? And to think, this mess could have been avoided, by bringing some real industry expertise onboard, by re-affirming investor convidence with interviews, presentations and transparency. I'll never forget that Toronto Star article in 2018 ...more

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Comment by Greenbuds on Oct 24, 2020 10:05am

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Comment by KelownaClown on Oct 24, 2020 1:15pm

This feels like JM trying to squeeze (one of) the last drop(s) of blood out of the company before declaring bankruptcy... but it's probably not there quite yet. Hard to believe that a company that's been operating now for about 5 years, with supposedly low overhead, still cant bring in enough revenue to sustain operations, isn't it? I wonder who the private investor is who's ...more

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