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Bullboard - Stock Discussion Forum Indigenous Bloom Hemp Corp VRTHF

Indigenous Bloom Hemp Corporation is a Canada-based company, which produce and sell hemp extracts. The Company operates a large scale industrial hemp farm in southern Manitoba on approximately 200 acres of zoned farmland. The primary business of the Company is the sale of hemp biomass and flower (Hemp), Phyto cannabinoid rich (PCR) extracts derived from hemp biomass (Hemp Extracts). The Company... see more

GREY:VRTHF - Post Discussion

Indigenous Bloom Hemp Corp > some observations
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Post by luther30 on Mar 10, 2019 12:04pm

some observations

They put out a PR that they would begin a human trial back in November but didn't actually start until end of February which is the first red flag i am seeing. 

Also why are they giving suspect loans for 1M when they are cash strapped as it is. 

Their burn rate is horrible and looks like they only have left some investments I'm guessing will be turned to cash and burned quickly too. 

Is there a light at the end of the tunnel with this company or is the pump and dump done and gone forever?
Comment by Extalliones on Mar 11, 2019 2:18pm
I mean they said in November that they were "preparing" to commence human trials.  In February, 3 months later, they said they were commencing said trials.  i.e. preparation for their trial and presumably locating willing participants took 3 months.   
Comment by moly4u on Mar 14, 2019 1:54pm
yes  these guys are almost fraudulent imho    .  loi's and letters of understanding , then a 10 to 1 reverse split ... really   . really   brutal 
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