Panacea Life Sciences Holdings Inc (PLSH)

[bcblbrbm]

for hempspeculator
Wow. Your messages have caused a response on the other board.I followed messages on the turv board as best I could and and they lead me to these on the exdi board not the ihub.

iphawk
Why would anyone buy the common stock when they are constantly raising money at half the current stock price?

TIA!


ldm
Why ask about that? Read the SEC filings.

"As disclosed in our Current Reports on Form 8-K filed February 21, 2019, February 28, 2019, March 6, 2019, and March 14, 2019 we have previously accepted subscriptions of $3,023,253 for a total of 14,471,474 shares of Common Stock. On March 29, 2019 we accepted additional subscriptions in the total amount $327,016 for an additional 1,113,642 shares of Common Stock. The offer and sale of these shares was made solely to "Accredited Investors" as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933 (the “Securities Act”). We engaged in no general solicitation or advertising with regard to the offering. Accordingly, the offer and sale of these shares was exempt under Rule 506 of Regulation D under the Securities Act.

Following the issuance of common stock as described above, our total issued and outstanding common stock will be 32,641,884 shares."


A little use of the calculator will show that there were 15,585,116 shares placed for a total of $3,350,269. That averages $0.2149 price per share. On Feb 28, when this nonsense started the share price was $0.80.

Also, read the company history in the 10Q. It is a screwball history like TURV with multiple business pivots and no profits.