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Bullboard - Stock Discussion Forum West Island Brands Inc C.WIB

Alternate Symbol(s):  WIBFF

West Island Brands Inc. is a Canada-based multi-faceted cannabis company. The Company operates through its subsidiary, RoyalMax Biotechnology Canada Inc., which is a Health Canada license holder with a cultivation license, processing, medical sales and sales licenses. The Company works with Yunify Natural Technologies, a Quebec-based health and personal care research and innovation company that... see more

CSE:WIB - Post Discussion

West Island Brands Inc > Keep in mind minimax, that before the deal was inked Matica
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Post by KozmoT on Feb 22, 2021 12:26pm

Keep in mind minimax, that before the deal was inked Matica

claimed "Yunify"  was an established  "biotechnology leader". But a check of the Quebec company registry showed that "Yunify" was registered ONE DAY BEFORE THE AGREEMENT.

The agreement was then signed and MMJ investor money to the tune of $600,000 (and change) traded hands and then the $600,000 was subsequently, in the Financial Statement fine print, written down to... $1.00

Oops?

Care to explain that?
Comment by yesiamgr8 on Feb 22, 2021 12:44pm
This post has been removed in accordance with Community Policy
Comment by bucheroncapital on Feb 22, 2021 2:17pm
C'est quoi le rapport? 
Comment by bucheroncapital on Feb 22, 2021 2:08pm
And a $100,000 loan to NxPhase Capital for Yunify that was a write off !!! 
Comment by Noscams on Feb 24, 2021 10:11pm
I remember that one .... classic . Was it a scam ?
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