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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 with 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 others. It owns and operates retail and... see more

TSXV:EAST.H - Post Discussion

EastWest Bioscience Inc > Last paragraph of Section 1 of audited financials
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Post by OneTwoOneTwo on Jan 30, 2020 10:02am

Last paragraph of Section 1 of audited financials

However, the Company had not yet achieved profitable operations. For the year ended July 31, 2019, the Company incurred a net loss of $3,649,066 and had an accumulated deficit of $8,184,397 and expects to incur further losses in the development of its business, all of which casts significant doubt about the Company’s ability to continue as a going concern.

Looking great Rod. No scam here. lol
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