Hiku Brands Company Ltd. DJACF

Trading Halt

[dmalovich]

Has anyone else held a stock that has been halted for this long? I'm hoping it's only weeks and not months.

[Cannibiz]

In most RTO's the public shell is halted for approximately 2 months from announcing the definitive agreement. A shareholder meeting is required by most public companies when there is an RTO announced and they company is required to mail-out the information circular (meeting material) 45 days prior to the shareholder meeting. There are ways to tighten this timeline, but typically this process

[dmalovich]

Thanks. I found this online looking for RTO info. https://equity.guru/wp-content/uploads/2017/02/DOJA-Investor-Presentation-February-18-2017.pdf I have 5000 shares and when it was halted it had a market cap of around 7 million at .57 cents per share. I read in the document that at .55 cents per share the new company will have a market cap of 34 million. Do you know what effect this will have on

[Nikopain]

So based on the PPT, they expeect to go back on market during March 2017. im not sure if i am 100% correct but my math would be $.57 cents x 15.21M shares = $8.7M market cap Assuming they are forecasting to open DOJA at market cap of $34M, $34M /$8.7M = 3.9 x current value of SG SG price at .57 x 3.9 =  $2.22 per share Please correct me if i am wrong.

[Mdouglas]

I Have a question. Why is the Bid and Ask Price rising and up to .90 cents?

[tankingfrank]

Dude there is 60 milllion shares outstanding and 80 f.d ...  so 50 cents if it trades at 30 mkt cap 

[SkipperT]

Yes, the same thing is happening with FIN, Finore Mining.