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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 > So how much of Royalmax does Matica really owb
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Post by Noscams on May 24, 2021 2:48pm

So how much of Royalmax does Matica really owb

Boris ? How could Royalmax bring a lawsuit against Matica , if Matica owns Royalmax ? And now there is another lawsuit . How much money does Matica have left ? It must time to float so new stocks ..... Good luck with that Boris considering the past performance and the future law suits ...
Comment by KozmoT on May 24, 2021 5:56pm
Unless the "management relatives" pay back in full the $3 million "loan" they got from Boris for the greenhouses that were never even started he may be looking at even more lawsuits ... if he's lucky.
Comment by Noscams on May 26, 2021 9:45am
Has there every been any mention of how much in interest payments have been paid over the last few years on that " loan " ? I would be surprized if there was ......
Comment by KozmoT on May 26, 2021 11:40am
If I recall they first reported interest on the "loan" as a mere 2% but they then "tweaked" the number in subsequnent statements to 5% - that would work out to roughly $150,000 per year in interest. Curiously I can't seem to find any mnetion of such a number in their statements. Now the question becomes - if they don't pay interest and they don't repay the loan ...more  
Comment by bucheroncapital on May 26, 2021 11:54am
Yes the loan to Capital NX Phase ,and the gift to the ghost Yunify a company without an adress and without even a website !
Comment by KozmoT on May 26, 2021 12:53pm
LOL, "Yunify" - the company that was registered ONE DAY BEFORE they inked the deal but that Boris described as an industry "leader".  Oops?  The person they listed as their head chemist/researcher didn't even know how to spell the company name and referred to it as "Unify" on her Linked-In page.  Oops?  Wonder what ever happened to that $600 ...more  
Comment by KozmoT on May 26, 2021 1:13pm
I was gonna correct you and say Yunify does have a website but it appears its all gone now. So I checked - Boris announced the deal with the "Biotechnology Leader" on Feb 8 2018 ... guess what date the inception of the "biotechnology leading company" website was ... Creation Date: 2018-02-09 !!  I schitt you not...  how is that deal NOT a complete and utter scam? ...more  
Comment by Noscams on May 26, 2021 6:32pm
what happened to money that went to the electric boat company ? Does it seem like there is some kind of pattern here of money being loaned or " invested " , but never any positive return or updates about where the mnoey went ?
Comment by KozmoT on May 26, 2021 7:50pm
True but the Yunify scheme was particularly bad - they literally created the company just before signing the deal and the money transferred hands. Then they told investors it was a "a leader in sustainable, clean, health and personal care products" .. and later .. "Yunify is a green biotechnology leader in cannabinoid-based active ingredient and delivery systems..." That was a ...more  
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