RE:RE:RE:pointless news doesnt help this stock Kidhustle wrote: diluting your own company to buy a company you technially already own doesnt look good at all. it just plays into the peoples hands that have a invested interest for this stock to go down.. This just looks they rifled off another 15 million shares to stuff into there own pockets. This deal was previously agreed upon 100% when this deal got financed. They had to wait for the stock to hit a certain price to annouce the deal thinking investors would see the value in the deal. ill be interested too see how much the insiders shares increase when this gets finalized. It also makes sense why they would annouce this deal before leaving the Venture because it was already agreed upon when this was origanlly listed thats the only way they could get around the Ventures guidlines. Any "NEW" (deals where they dont have any previous invested interest in) wont be annouced till they jump to the cse or TSX my guess the cse is where they will end up
Great Post !!.......feel and heard the same...