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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 > Was the $3M Hemmingford Relative Loan Ever Explained?
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Post by bruiserr56 on Jan 07, 2022 11:02am

Was the $3M Hemmingford Relative Loan Ever Explained?

As i recall, they lent relatives of the CFO $3M and nothing was ever done except moving some piles of dirt around. Did that cost $3M?
Comment by KozmoT on Jan 07, 2022 1:47pm
They never even got as far as laying foundations. Another curious thing - they claimed the $3,000,000 + loan was secured by the agricultural property but turns out the listing price for the property was around only $700k ... Oops?  I'm sure Boris will announce any day that the relatives have fully paid back the loan cause, well, otherwise its not exactly a loan, is it. More like a ...more  
Comment by bucheroncapital on Jan 17, 2022 10:32am
Hard to belive it still trades , but then it,s most likely only inbreed trading !!!! MMJ (WIBFF ....) to the Moooooooooooon !!! Lol !
Comment by KozmoT on Jan 17, 2022 3:32pm
Hard to beleive there is no legal action against them.  They still haven't told investors what happened to the missing $3 million "loan" to relatives.
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