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Bullboard - Stock Discussion Forum Blackhawk Growth Corp C.BLR.WT


Primary Symbol: C.BLR Alternate Symbol(s):  BLRZF

Blackhawk Growth Corp. is a Canada-based investment holding company. The Company invests in equity and debt instruments of companies to generate positive returns for shareholders. It focuses on investing in multiple companies across a variety of sectors across North America. The Company has focused its investments on the health, cannabis and cannabidiol (CBD) industries, in both Canada and the... see more

CSE:BLR - Post Discussion

Blackhawk Growth Corp > 12 Millions "Free" Shares Given To Consultants
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Post by daveholton on Oct 14, 2020 1:21pm

12 Millions "Free" Shares Given To Consultants

Here's an interesting news release that BLR decided not to announce through the regular wires...

The common shares are being issued at a deemed value of $0.02 per share to the creditors in settlement of consulting services provided to the Issuer.


For newbs, "deemed value" means no one paid anything for them.
Comment by BathtubAlchemy on Oct 14, 2020 2:06pm
They were actually given for consulting services, rather than paying them cash. It literally says that in your copy and paste, and it was posted on The Newswire: https://www.thenewswire.com/press-releases/1Bb4FGjd4-blackhawk-provides-update-on-its-investment-in-california-based-licensed-cannabis-producer-sac-pharma-partners-inc-announces-shares-for-debt-settlement-and-grants-stock-options.html ...more  
Comment by daveholton on Oct 14, 2020 4:56pm
Yea, that has been working out really well for the pumpers here since April. Those consultants must love you though!
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