Mike Withrow Withrow, a Director, acquired 2,916,666 Common Shares on an indirect ownership basis for registered holder Chiron Capital Inc at a price of $0.060 through a prospectus or prospectus exempt offering on April 17th, 2020. The insider also acquired 2,916,666 Warrants with an exercise price of $0.080 for 24 months. This represents a $175,000 investment into the company's shares and an account share holdings change of 15.0%.
AREV NanoTec Brands is in the Food Processing Sub Industry Group under the Consumer Non-Cyclicals Sector.
AREV NanoTec Brands Inc., formerly AREV Brands International Ltd, is a Canada-based company, which produces and provides functional compounds and ingredients. The Company owns a line of emulsified coconut derived medium-chain triglycerides (MCT) oil combined with Whey Protein to serve as base ingredients. Its product line, COCO MULSION is sold online and distributed through natural health and sport nutrition stores. It also owns extraction technology that has the capability to flash freezes active ingredients, oils and oleoresins for use as ingredients in food, nutraceuticals, cosmetics and other consumer products. The Company is also working with pharmacy and dispensary operators with an emulsified base formula to disperse cannabis oil extracts from specific selected genetic cannabis strains that addresses areas of health, including anxiety, pain management, insomnia, central nervous system disorders and sexuality. AREV NanoTec Brands Inc. (AREV) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $175,000.
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