GREY:CNTTQ - Post by User
Comment by
Nastysaskyon Dec 07, 2018 9:52am
62 Views
Post# 29081535
RE:Cannamed Financial Corp. keeps dumping shares
RE:Cannamed Financial Corp. keeps dumping shareslooks like they still own 10.6 million shares
codyess wrote: On December 23, 2016, 2,000,000 common shares with a fair value of $2,600,000 and a warrant to acquire 1,000,000 common shares at $1.30 per common share for three years with a fair value of $1,061,975, were issued to Cannamed Financial Corp. in consideration for the surrender by Cannamed Financial Corp. of its put rights under the Unanimous Shareholders’ Agreement. Upon settlement, 20,265,145 redeemable shares with a fair value of $28,820,730 were reclassified as common shares and a loss on settlement of $3,661,975 was recognized in the accumulated deficit.
https://canntrust.ca/wp-content/uploads/2018/04/Annual-Report.pdf
They owned 20,265,145 shares at one time what do they own now?