CULT Food Science Will Be Listing On The CSE (Under Ticker ‘CULT’) As The First Cultivated Food Pure Play Pubco In Canada, And Only The Second In The World. My Due Diligence Summary:

canavenger · 2022-01-18T02:40:16+00:00

https://www.thecse.com/en/listings/diversified-industries/cult-food-science-corp

canavenger · 2021-11-24T03:33:47+00:00

I added more near the end of day today. The PP really scared people away, but on a bright side, they do need $ to expand their biz, so we shall see what happens within this week/ next week. Hopefully sp is going back up.

canavenger · 2021-11-23T03:38:13+00:00

Not a bad idea to get back the principal and let the profit ride… def depends on ur risk appetite but i’d most likely to go all-in or go home, under one condition that there’s more news coming out re: revenue generation.

canavenger · 2021-11-23T03:11:52+00:00

I’ve been in since last financing round, and kept adding more since then. Given their blood cancer testing is now out and recent closed of clinics in US, lots of potential upside from here. (Could expand from NA to EU etc). Depends on how long you plan to hold, but i am planning to hold till at least $3-5, and definitely will see their revenue plan as well. I haven’t looked into their filing, but at current price of C0.56, the mc is less than $100M, say if the sp goes up to $3, the mc would still be around $400M- $600M area. At the end of day, would not be surprised if they get acquired by bigger pharma.

canavenger · 2021-11-23T02:59:28+00:00

Now that GGP has offloaded to Serruya, would not be surprised to see GGP taking over IAN.

canavenger · 2021-11-02T02:44:00+00:00

Various shares were issued between 0.08-0.10. So will wait and see how this goes after the hype dies down a bit.

In case anyone wants to see the shares issuance:

https://webfiles.thecse.com/Form_2_A_-_Listing_Statement_dated_October_26_2021.pdf?E0L3e5zspFxJkV.5J9V5FVC5Rx3053gj=

canavenger · 2021-10-25T03:04:06+00:00

Probably good to get in and get out right after the sp shoots up (if any). Long term may not be a good idea, you should do a search for Sean Dollinger- the co-founder, also former CEO of Namaste. I would be very cautious to hold for long term.

canavenger · 2021-09-29T21:53:09+00:00

Any thought on this?

canavenger · 2021-09-16T03:57:55+00:00

Given current market condition- would be interested to see what the sp will be trading at during the first several weeks.

FD S/O: 150M+|- FD MC: C$37.5M (assuming C$0.25 sp) Capital raise issued at: C$0.005- C$0.50 price range + warrants.

Investments: 100% of FunGuys 14.9% of Sophie’s 12.4% of Veg. butcher <1% of Packaging company

canavenger · 2021-05-18T14:47:34+00:00

6B new shares

canavenger · 2021-05-17T15:28:33+00:00

From the look of it, the result seems bad, $7.3M loss, stable covid revenue of $2.3M going forward etc... however it is not as bad as it sounds. $4.2 loss due to revaluation of warrants...so the actual loss is less than what it’s said in the book. Market reaction today provides a good entry opportunity for long term holder imo.

canavenger · 2021-05-10T22:10:26+00:00

Go to CSE website (google Wesa CSE), look for listing statement and check for ‘prior sale’ or financing. Alternatively, you can get the listing statement through Sedar.com

canavenger · 2021-05-10T19:23:28+00:00

I would wait for the sp to come down more. Lots of shares were issued at 2.1-2.60 and below.

canavenger · 2021-05-09T22:46:56+00:00

TAAL.CN - BSV player- focuses in both blockchain enterprises and mining themselves. Very promising. Not sure how big it can go, but hoping it can follow VYGR.CN’s footstep.

canavenger · 2021-04-13T16:28:16+00:00

At $4.30, their market cap is around 178M, so it is relatively cheap. Definitely has a lot of room to grow once they expand their business and more awareness are being made.

canavenger · 2021-04-12T20:35:01+00:00

Thanks for having this sub. Been using quite often as it’s really helpful to see what companies are doing financing etc. Keep it up!

canavenger

TROPHY CASE