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

Alternate Symbol(s):  THCBF

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

CSE:THC - Post Discussion

THC Biomed Intl Ltd > Insiders Accumulating more Shares
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Post by Petespipe on Aug 12, 2021 2:25pm

Insiders Accumulating more Shares

THC BioMed Insiders Invest $500.000 Cash in Non-Brokered Private Placement of Convertible Debentures They must be loading up before some news or maybe sales are looking to be profitable. Any thoughts?
Comment by RamboOO7 on Aug 12, 2021 5:58pm
Did the CEO and CFO pay back the amount owed to THC before lending them $500,000. From last financial...At April 30, 2021, the Chief Executive Officer owes $105,637 (July 31, 2020 - $70,651) to the Company and the Chief Financial Officer owes $3,649 (July 31, 2020 - $12,492).
Comment by RamboOO7 on Aug 12, 2021 5:58pm
If not that is almost criminal.
Comment by lovingstocks23 on Aug 12, 2021 11:08pm
Theoretically when you see insider share count increase it's due to an overwhelming positive sentiment about the company's numbers.  The problem is that whatever JM did so far that he thought was positive and deserved an increased interest in the stock and higher market price, ...... well the market didn't care about what he thinks..... Cig machine did nothing, more edibles did ...more  
Comment by Petespipe on Aug 13, 2021 10:37am
Wouldn't be too hard to show a profitable quarter with THC Biomeds small overhead. They must of worked something out with Ontario or Quebec to have invested another $500, 000. into the company. Hopefully we are going the right direction and can get some more market attention to raise our pathetic share price. GL
Comment by Tailslogan on Aug 15, 2021 11:53am
There is whispers about a buyout coming from a friendly giant....and now is the perfect time for more consolidation in the industry as companies are close to turning a profit next year...here's hoping for news this week.