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Bullboard - Stock Discussion Forum Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.

GREY:PRCNF - Post Discussion

Pure Global Cannabis Inc > Pure Global re-purchases shares
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Post by robvc on Mar 15, 2019 7:50am

Pure Global re-purchases shares

I did a little digging and found this interesting tid bit. But i,m sure bashers like 2phat  won't find this amusing. WHAT they actually bought common shares in their own company!!!
Why on earth would they do that.

PURESINSE INC.  CONDENSED INTERIM FINANCIAL STATEMENTS  FOR THE THREE AND SIX MONTHS PERIOD ENDED JUNE 30, 2018 AND 2017. 


On November 5, 2017 the Company repurchased 11,250,000 common shares at a price of $0.013 per share for a total consideration of $150,000 and did not result in any share premium or discount upon the cancellation of these shares.
Comment by 2phat4u on Mar 15, 2019 9:27am
Everything is beautiful. Doesn't answer 1 of my questions. OS jumped 10 million last month.... WHY? . What is Spark and how does it make money. Instead of Posting old news why don't you answer the questions presented to you. Are you unable to? All this info you have you should be able to come to some sort of logical explanation.
Comment by JMark80 on Mar 15, 2019 12:22pm
So they reduced the float by cancelling $150k worth of shares 16 months ago. So what?
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