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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 > OneTwoOneTwo Has Been Bashing EAST Since 2020
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Post by Roddiggiti on Dec 28, 2021 10:09am

OneTwoOneTwo Has Been Bashing EAST Since 2020

Go back to the past history of posts on EAST and you'll see the nimrod has been posting garbage since December 2020. Disgruntled shareholder or basher trying to pick up the cheapest shares, doesn't matter. We know the facts about EAST:

1) Lots of insider buying and holdings

2) Raised $5 million for their subsidiary to get into the storage locker business. SVI.T is proof that this is a lucrative and growing industry. Went from $0.50 to almost $7 recently and that's all they do. 

3) EAST still had $1 million cash on their books in the most recent quarter, plus two established vitamin businesses. 

Minimum fair price with those three points mentioned is $0.05 right now. But I have a personal target of $0.10-0.12 by the spring, once we get the next update in Q1, as mentioned in the last press release/MD&A
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