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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

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TSXV:EAST.H - Post Discussion

EastWest Bioscience Inc > Friday halt?!

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Post by WKK1973 on Jan 26, 2021 6:26pm

Friday halt?!

Anyone here think this halts friday with no financial update? Seems odd to wait until the last minute to post the fins!? Especially when they are months overdue already. Thoughts anyone? Preferably not bashing thoughts lol.

142

Comment by OneTwoOneTwo on Jan 26, 2021 7:01pm

It's not bashing. It's the hard facts. EAST is a scam. Rod will play this default game over and over again, trying to lure some unwitting investors on the 'outside-insider' volume pump before being forced to release the dismal at best financials even with the shady accounting of shuffling debt and assets back and forth between companies. Look at how many times Rod has settled debt ...more

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Comment by WKK1973 on Jan 26, 2021 7:15pm

Well that sounds like a definite halt from that statement lol. Hmmm.....maybe a person should get out now before the imminent halt friday. Love the venture f%ckery haha.

54

Comment by bigkagan on Jan 26, 2021 10:17pm

WEED went today into the pet food business which EAST has been doing for a long time now. It shows that EAST has the right ideas but the execution is terrible

54

Comment by OneTwoOneTwo on Jan 27, 2021 1:18pm

It shows that EAST will pump any angle it can to try to get people to buy shares. As soon as you look at their financials you will know for yourself. It's a scam 100%. lol

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Comment by bigkagan on Jan 27, 2021 1:59pm

their hemp business seems to be non-existent, but the Sangster's are for real, at least you can enter one in a mall and buy something there

47

Comment by bigkagan on Jan 27, 2021 2:15pm

also why is Covid preventing them from releasing their financials, doesn't seem to be preventing others from doing that

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Comment by bigkagan on Jan 27, 2021 4:37pm

unless their whole accounting staff got sick with Covid which would be a tragedy

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Comment by bigkagan on Jan 27, 2021 7:23pm

it would be also ironic for the company which sells hand sanitizers and vitamins

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Comment by WKK1973 on Jan 27, 2021 9:18pm

Yeah this looks really sad actually. A f%cking lemonade stand has more sales lol. Honestly, what does it take to run a 3 cent company. Lmao.....3 cents!!!

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Comment by bigkagan on Jan 28, 2021 9:51am

they should change their name to Yeast

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Comment by bigkagan on Jan 28, 2021 10:46am

no trading so far, it could be already halted

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Comment by bigkagan on Jan 28, 2021 10:51am

while I was checking TSX I found quite a bit of insider buying https://money.tmx.com/en/quote/EAST

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Comment by bigkagan on Jan 28, 2021 6:21pm

oh I get it - they have their hemp business in the US only, if that gets going look out. Let's see what they say about it in the financials

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Comment by OneTwoOneTwo on Jan 29, 2021 9:42am

That is likely because Rod needed to take out a second mortgage on the EAST 'facility' and bought shares with it to try to drive up share price. We won't know for another year likely as Rod pushes the financial reporting delays to the limit every time. May be a halt today if he wasn't able to spin the last quarter enough. lol

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Comment by bigkagan on Jan 26, 2021 7:03pm

maybe their bookkeeper ran away with the money

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