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Pharmadrug Inc.: Pharmadrug Provides Corporate Update and Balance Sheet Status


Pharmadrug Inc.: Pharmadrug Provides Corporate Update and Balance Sheet Status
PharmaDrug or the
Company ) is pleased to provide an update to the status of its balance sheet following the recent general equity market upswing and the increase in PharmaDrug s volume and share price appreciation.
Recent market activity has served to significantly strengthen PharmaDrug s balance sheet and improve its ability to execute on its current business plan. The market has contributed to increased balance sheet strength is four distinct ways. Firstly, PharmaDrug was able to raise in excess of $850,000 by selling marketable securities that the Company valued on its Q3 financials at $200,000, due to a subsequent increase in the value of the shares. Secondly, the Company holds 4.24 million shares of Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC:TRUFF), of which it has not yet sold any shares. The Company also holds 4.24 million warrants of Red Light Holland exercisable at a p ....

United States , Noord Holland , The Netherlands , Daniel Cohen , Pharmadrug Gmb , Newsfile Corp , Schedulei European Union , Red Light Holland Corp , Pharmadrug Inc , Red Light Holland , Medical Cannabis , Pharmadrug Gmbh , Super Smart , Regarding Forward Looking Information , ஒன்றுபட்டது மாநிலங்களில் , நூற்த் ஹாலண்ட் , தி நெதர்லாந்து , டேனியல் கோஹன் , சிவப்பு ஒளி ஹாலண்ட் கார்ப் , சிவப்பு ஒளி ஹாலண்ட் , மருத்துவ கஞ்சா , அருமை புத்திசாலி , தொடர்பாக முன்னோக்கி பார்க்கிறது தகவல் ,