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Bullboard - Stock Discussion Forum EastWest Bioscience Inc V.EAST.H

Eastwest Bioscience Inc. is a Canada-based vertically integrated wellness company. The Company has a multitude of business units and assets that allow for seed-to-sale supply chain management. The Company sources its raw materials, processes, manufactures, tests, brands, markets and distributes its products to its customers in Canada, the United States, and other countries. The Company owns and... see more

TSXV:EAST.H - Post Discussion

EastWest Bioscience Inc > Totally insane!
View:
Post by Odelay on Aug 02, 2019 10:58am

Totally insane!

There are 6 individuals with 229k shares for sale at 6 cents. Who are these people? How is it that they own these shares, almost certainly paid more for them than 6 cents, and want to sell them when the company continues to develop rapidly and achieve beyond what it originally proposed? Who would think that in less than a year the company would have made such progress on gaining approvals and developing in the USA? 

Why are people selling? It simply makes no sense. Is it just that the volume is low and they want out? Don't they know that it takes a long time to develop a small business. I have never seen such consistent accomplishments, and all within a very reasonable timeframe. The selling is totally insane.
Comment by chasman460 on Aug 02, 2019 1:04pm
agree completely . Likely if someone took out the first 229k, the others would be quickly withrawn. Trying to spook the shareholders.