West Island Brands Inc C.WIB

Bid for mmj

[oleary123456789]

Just heard a few ppl talking bout a bid/buyout for mmj!
wonder what kind of price?

[Gription]

Ya, sure you did. That’s a good one . BAHAHAHA 

[Freeze78]

I heard MMJ is buying out another company. 

[bucheroncapital]

With what they are out of cash !!!!!!

[Freeze78]

Getting a loan to buy out an existing facility would be easier than getting a loan to build hemminford. Would also make more sens to purchase a facility that is already up and running than building at this time. 

[KozmoT]

"getting a loan to build hemmingford"?!?! LOL, this crew GAVE a "loan" to build greenhouses, and neither that money nor a single greenhouse has been seen since. Oh and that "loan" was to "management relatives".  Not even a foundation has been poured.  Anything jump out at you?

[Noscams]

who in their right mind would give a loan to a company like Matica ? What would they use to secure it with ? Look at the history of their spending ....

[ManOfStraw]

You heard this where? 

[KozmoT]

You're kidding right?  Its all there in black and white  in fine print in their financial statements where they have to, by law, disclose such matters.  How do you not know this?  It gets worse, the original disclosure said the loan was at a comically low 2% interest but somebody must have realized the optics and so the next Annual Financial Statements changed that number

[KozmoT]

Does that information not raise any concerns for you ManOstraw ?  Don't you wonder where the greenhouses went and all that money that supposedly went towards their construction?

[KozmoT]

Your silence on the missing money and greenhouses pretty much says it all ...

[BoZiger]

Strawzys been pumping for 3 years and doesn't even understand where half the money they raised was appropriated to. LOL. Heres the facts - 1, we know they loaned the 3.5M to relatives of the X-cfo to build greenhouses. 2. There is no obligation for them to disclose at all how these funds are being appropriated because of the way they set this up. 3. Boris is on the board to watch out for

[KozmoT]

5.  Keep in mind the mprtgage to secure the $3 million "loan" is on a property who's asking price was only $687K  ...  Oops?

[BoZiger]

I didn't hear that but 1 cent a share would be a coup for the board. That would be over a million bucks for Boris.