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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 > Facts. No AGM. decline share price. Financing - conflit
View:
Post by RamboOO7 on Jan 08, 2022 9:04pm

Facts. No AGM. decline share price. Financing - conflit

Comment by RamboOO7 on Jan 08, 2022 9:06pm
Is this company profitable. Answer No even though financial shows profit
Comment by RamboOO7 on Jan 08, 2022 9:08pm
i wonder if JM owes over $100,000 to the company still. Wake up Class action suit.
Comment by lovingstocks23 on Jan 09, 2022 1:31am
Well generally speaking, it is considered a positive sign when a shareholder can inject his own funds in the company he owns and doesn't need to rely on an external creditor (bank).  Currently banks are not wiling to lend to MJ companies unless its for securitized loans (mortgages backed by real estate). So it makes sense that he'd be funding it all himself. At least he's not ...more  
Comment by RamboOO7 on Jan 09, 2022 2:43pm
Will never be over 18 cents employee options. JM should have did a big financing back then instead of selling his shares and buying a Ferrari
Comment by RamboOO7 on Jan 10, 2022 1:31pm
Guess who will own the company default of payment ? Right now biomed should own the ferrari JM owns. JM owes $100,000 to the company and he is financing it. Is this legal ?
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