RE:RE:Good info from the CCeasymoola2003 wrote: did not participate in the call; have a small position. Thanks for the summary...words like "plan" abound. So far, we have a nicely woven story... So, we need be "believe and buy in" Any discussion on the conditions and timing of the remaining funds transfer?
Hi Easymoola, from the previous news release, Peak cited they would recieve 3.9 milion in january 2016.
Peak Receives Advance on $4M Investment from Banlan Shareholders and Will Hold Update Conference Call
MONTREAL, QUEBEC – (NEWSFILE – December 22, 2015) – Peak Positioning Technologies Inc. (CSE: PKK) (PINK SHEETS: PKKFF) (“Peak” or the “Company”) today announced that it has received a $100,000 advance on the $4M investment to be made by the shareholders of Banlan Industrial Company Limited (“Banlan”) in January 2016, which will result in Banlan owning 51% of Peak’s issued and outstanding common shares.