BC Craft Supply Co Ltd CRFTF

CRFTy press releases

[HawkII]

What a great deal for shareholders ... NOT!. Today's news about CBD Therapeutics is old and already known from CRFT's Listing Statement on SEDAR, specifically (pg 7) "On November 7, 2018, Pasha completed the acquisition of all of the issued and outstanding share capital of 1160899 B.C. Ltd. (d/b/a CBD Therapeutics)" and (pg 135) "As consideration, the Company has the following commitments ... iii. 50,000,000 common shares of the Company at the date of closing (issued)".  The acquisition was $14mm (cash +shares) + $1.4mm in finder common shares, which seems a lot for a business that is described in their MD&A as a business that "did not have inputs, processes and outputs in place that constituted a business under IFRS3".

[fundamentalinvestor]

Yeah - Totally do not understand PR for old news as to what was incorporated into the listing documents. Some new news that is related to their business of signing up craft growers or some update in that area would be beneficial and demonstrating that they are moving forward OR they have deals in place for the fall for their prodcuts....... SOMETHING THAT SHOWS THEY ARE A BUSINESS AND GOING

[Stockinvestor49]

Great post hawkII. 

[MSWHoldings]

"The acquisition was $14mm (cash +shares) + $1.4mm in finder common shares, which seems a lot for a business that is described in their MD&A as a business that "did not have inputs, processes and outputs in place that constituted a business under IFRS3"---- Actually the CBD thera did have all those however, because it was a legacy market brand pasha could only acquire the

[HawkII]

Inquiring minds want to know how $15.4mm for a numbered company is justified ... Multiple of sales? Patented tech? Acquiring management talent? Please explain. Also curious what the SW in MSWHoldings stands for in your member name (created June 2019)? Interesting that a person with same initials (and a current director of CRFT) ran Empower Clinics, which in April changed it's name to CBD

[Gnomoney]

If the changes made bring about positive results, I say bring them on.

[knowSomething]

Glad to see people practicing due diligence. The team leading this group should be scrutinized as I’m seeing some sleazy deals and operations going on IMHO. Setting buy at .30 and even questioning that. 

[Gnomoney]

I don't think you will see it get that low again, it dipped quite low when the new team took over and began a slow rise. I think that you will see more up than down movement, particularily this fall/winter, I predict a winfall for the hangers on. IMHO....GLTA.... Always invest what you can afford to do without...losing really SUCKS!

[hiheyhello]

This post has been removed in accordance with Community Policy

[MSWHoldings]

MSW in my Name are my initials but purely a coincidence if they match a CRFT director, I'm guessing you mean Scott Walters, who is with Supreme Cannabis.  Also a point of clarification, Empower clinics, who changed their name to CBD therapeutics is not the same CBD therapuetics that Pasha acquired.  Pasha CBDT acquisition was based on Muliple of Sales, Management expertise, Brand

[HawkII]

Two companies with the same name ... isn't that trademark infringement?  Maybe CRFT mgmt can explain cause it sure looks suspect with MrSW involved in both https://leafforward.org/mentor/scott-walters/ "Scott developed and is former CEO of THC BioMed, Canabo and Empower Clinics (USA) and currently an Independent Director of Supreme Pharmaceuticals, a fully licensed wholesale

[MSWHoldings]

Yes, it is fully Trademark infringing. If you google "CBD Therapeutics" you sill notice all the spots all over the web where the CRFT brand and trademarks are used. The other CBDT, is fully infringing and there is ongoing legal action from my understanding.