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by Stockwatch Business Reporter

The TSX Venture Exchange fell 3.77 points to 797.21 Monday. Mo Fazil's halted capital pool shell, Harbour Star Capital Inc. (HSC), plans to acquire a hemp products company called EastWest Science Ltd. for the shell's qualifying transaction. The shell, which has 5,068,000 shares issued, will issue 35,079,779 shares to its target's shareholders. Harbour Star will also issue 398,000 shares to Darryl Sangster's Aquila Health Corp., a health supplements company from which EastWest is buying assets; and another 1,561,000 shares to Sangster's Real Estate Corp., from which EastWest is buying a warehouse in Penticton. Harbour Star is also arranging a $1.21-million mortgage to help EastWest acquire the Penticton warehouse. For its part, EastWest is selling a $500,000 private placement at 25 cents.

EastWest was formed in January, 2016. It sells hemp-based products, including hemp seeds sold under the brand name Earth's Menu. Its products also include antioxidant capsules and joint-pain-relief capsules, both sold under the brand name Natural Advancement.

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