Pure Extracts Technologies Corp (fka PRXTF)

[Renee]

PRXTF: inactive security. FINRA deleted symbol.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Toasted_oats]

Has the market dried up and blown away in the wind? Not a trade since the 1st of May.

[TucsonPhil]

What's happening with the Shoppers Drug Mart deals? Are they moving any product?

[TucsonPhil]

Why is this board so dead? The stock has some good daily swings, if you are into trading it.

[luckydrunk]

I keep posting trying to get this ticker to show up on breakout board. because no one has a clue it exist

[luckydrunk]

this company isnt even on anyones radar in the OTC. All that buying last friday was coming from people involved with the company. No way it was retail traders.

[luckydrunk]

I currently hold 100,000 shares at average price of 0.26

[luckydrunk]

buybuybuy. Do a little DD and you will see this company will make you money

[luckydrunk]

pure extracts diamond in the rough

[luckydrunk]

buy now and see good returns

[luckydrunk]

this company is going to be a winner among otc garbage

[luckydrunk]

lab and distribution center located within miles of customers

[luckydrunk]

state of the art lab

[luckydrunk]

30 million dollar market cap way to low

[luckydrunk]

has signed multiple deals for product delivery over last 3 months

[luckydrunk]

buy now or be sad later

[luckydrunk]

large non retail purchasing

[luckydrunk]

under the radar

[luckydrunk]

80 times average volume last friday

[luckydrunk]

over 1 million dollars in volume already

[luckydrunk]

volume is over 20 times higher than the average. someone knows something crazy buying going on here

[luckydrunk]

My average price is 26 cents I own 100,000 shares. Thhis will goto dollars eventually

[luckydrunk]

I found this company 3 months ago, they are goimg to be huge in the extract market

[luckydrunk]

huge volume

[luckydrunk]

not sure whats going on here but its up big time

[Luckypennyman]

Pure Extracts Orders First Shipment of Functional
Mushrooms for e-Commerce Store


https://webfiles.thecse.com/sedar_filings/00023452/2103171607479096.pdf

[boogawooga102]

PULL (CSE) PRXTF (OTC) - loving this churn here. those 50.5c (CAD) free trading shareholders are not aggressive. just sitting on the ask waiting for ppl to come and buy. PULL's story is one of the best in the psychedelic, cannabis, and functional mushroom space. revenue's from 2 of the 3 verticals. Expansion into the Europe, and i would expect further expansion..... Important to remember that PULL was a very hot cannabis brand in the grey market before going the legal route and getting publicly listed, the product is going into provinces now.

Their ability to extract a high pharmaceutical grade of cannabis, and their current efforts in Psychedelics will put them significantly ahead when they receive their Health Canada Dealer's License later this year.

[MrHotCoffee]

Pure Extracts seems like a good company to invest in because shrooms are definitely on the horizon for legalization in the near future. Not only is this company interested in extracting psilocybin from mushrooms, but they also have experience in creating oil products from cannabis.

So, they potentially have a product to make that they could take to market in the near future through cannabis. In the very same industrial zone where they rent their buildings, there is at least one major cannabis cultivator [1]. Two other licensed cultivators are within 20km of PXTRF.

It seems easy for Pure Extracts to get cannabis because of its neighbors. Transporting 1,000 KG by a normal car is doable considering the short distance to the suppliers.

They have a B2B business model that seems like it will be profitable. Since they can make high potency extracts, they can sell oils to other companies for use in other products such as cosmetics and foods.

My one issue with this company was that they had changed their name in the past and their past company accrued some debt, but they have formed a new partnership with people that know this extraction biz [2]. You can see the history of the acquisition on the SEC/Edgar equivalent for Canada here: https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00023452&issuerType=03&projectNo=03145401&docId=4846507

Sources:
[1] Searching "cannabis pemberton" will lead you to find Coast Mountain Cannabis and Pemberton Craft Cannabis. Both of these are licensed private businesses that grow weed. They are in the same city as Pure Extracts, and I have verified that Coast Mountain is in the same area (about 500 meters away).

[2] Company history from 2006-2020

[barnyarddog]

Pure Extracts Commences Build-Out of Facility in Preparation for Mushroom Extraction and Dealer’s Licence

Vancouver, B.C., December 16, 2020
https://pureextractscorp.com/news/pure-extracts-commences-build-out-of-facility-in-preparation-for-mushroom-extraction-and-dealers-licence

[barnyarddog]

December 30, 2020 PR, Pure Extracts Commences Study on Psilocybin Oral Tablets, Capsules and Nasal Gel

Pure Extracts Technologies Corp. (CSE: PULL) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company, is pleased to announce that it is commencing a study on the formulation and manufacturing of psilocybin based active treatments for oral tablets, capsules and a nasal gel that will be used as an investigational product. The study with be conducted at the Toronto Institute of Pharmaceutical Technology (“TIPT”) by Dr. Alexander MacGregor, a key scientific advisor to the Company.

... His company has a Health Canada Drug Establishment License, a Cannabis Drug License and a Dealer’s License issued under the Controlled Drugs and Substances Act (CDSA) and is thus licensed to possess psychedelic drug compounds.

https://pureextractscorp.com/news/pure-extracts-commences-study-on-psilocybin-oral-tablets-capsules-and-nasal-gel

[barnyarddog]

About the Company https://pureextractscorp.com/

The Company features an all-new, state-of-the-art processing facility located just 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP standards aiming towards export sales of products and formulations, including those currently restricted in Canada, into European jurisdictions where they are legally available. On September 25, 2020, Pure Extracts was granted its Standard Processing License by Health Canada under the Cannabis Act and the Company’s stock began trading on the Canadian Securities Exchange (CSE) on November 5, 2020. Find out more at https://pureextractscorp.com/.

For further information please contact Empire Communications Group at [phone].