GREY:CVHIF - Post by User
Comment by
Tuckerbear31on Dec 09, 2020 4:05pm
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Post# 32070106
RE:That 24 month
RE:That 24 monthI remember seeing the 24 months in the prospectus sent out for he specail meeting I also saw this from Heath
PAHC Consideration and Distribution As a result of shareholder approval and in connection with the PAHC Sale, the Company will be issued 3,112,092 common shares of Vibe (" Vibe Shares ") which the Company will distribute to its shareholders as soon as practicable. As additional consideration for the PAHC Sale, the Company will also receive 1,200,000 common share purchase warrants (the " Vibe Warrants "), each exercisable for one (1) additional Vibe Share at an exercise price of $.62 per Vibe Share for a term of twelve months following closing of the PAHC Sale. The Company intends to distribute the Vibe Warrants to its shareholders concurrently with the distribution of the Vibe Shares.
So we only have 12 months from the closing of the deal to excercise the warrants but we might not get the shares and warrants for 24 months which will then be too late.
I don't know about anyone else but I like to be kissed while I'm getting scre**ed