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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 > LOL Down to 300k in Cash
View:
Post by BoZiger on Jun 22, 2021 1:27pm

LOL Down to 300k in Cash

And they STILL paid out 100k in directors fees in Q1. LOL
Comment by bucheroncapital on Jun 22, 2021 2:17pm
That was back in March by now with the curent  burn rate they are out of cash , unless they converted inventory info cash ! This is sad but it was obvious 
Comment by bucheroncapital on Jun 22, 2021 2:20pm
Lease obligation alone surpass many times the liquid or quasi liquid assets ,  this is not good since they don't own anything, still they are buyers @ 0,035 ?
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