CSE:WESA.X - Post by User
Post by
howlongon Mar 04, 2020 12:49pm
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Post# 30765975
changing the game
changing the game
https://inolife.newswire.com/browse/pr
Near the bottom of this web site page there is a reference to a public listing. dated 03 26 2018
The plan according to the documents that I can get is to change the company from a mining co to a medical co. Producing needle free medicine delivery systems.
See
https://inolife.newswire.com/news/inolife-r-d-announces-the-commencement-of-its-public-listing-process-20410724
In the end ddi shareholders will have 5.45 % of the outstanding shares of Inolife.
"Transaction is an arm's length transaction. Upon the closing of the Transaction (the "Closing") and after giving effect to the Private Placement (defined below) and the European Pharma Acquisition (defined below), it is expected that current shareholders of Debut Diamonds will hold 5.45% of the common shares of the Resulting Issuer (the "Resulting Issuer Shares") and that existing shareholders of Inolife will hold 76.84% of the Resulting Issuer Shares on a non-diluted basis."
What is happening is always interesting but I find that Why is a way better question?!
Howlong