Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.


GREY:FBOP - Post by User

Bullboard Posts
Comment by shirtlessagainon Dec 13, 2018 3:17pm
60 Views
Post# 29111879

RE:IEQ will be 1 DOLLAR in January in my opinion

RE:IEQ will be 1 DOLLAR in January in my opinion hey johnny, I look at the number of shares sold today for or at less than the single price of SENS to me is mind boggling?? but its not my money, not sure how difficult it is to see that they are selling for half price minimum. people love shooting themselves right in the groin so its not that surprising. some folks must be desperate for xmas shopping money. who really knows what it will be in January is all i'm getting at. I know I aint selling after waiting for this entire thing to develop. ....... ......
johnny= wrote:
 Back
,
IntellaEquity to Issue Return of Capital to Shareholders and Amends Warrant Terms

Toronto, Ontario--(Newsfile Corp. - December 12, 2018) - IntellaEquity Inc. (CSE: IEQ) (the "Corporation" or "IntellaEquity") announces today that it intends to distribute an aggregate of 25,611,487 common shares (the "Sensor Shares") in the capital of Sensor Technologies Corp. ("Sensor") to shareholders of the Corporation by way of a return of capital.

The Sensor Shares will be distributed to resident holders of IntellaEquity shares (the "Distribution"). The Distribution will be paid on the basis of one (1) Sensor Share for every one (1) IntellaEquity shares outstanding. The Distribution will be completed through two (2) distributions, one distribution of 12,805,743 Sensor Shares and the second distribution of 12,805,744 Sensor Shares. The first distribution will be distributed to holders of IntellaEquity shares on record as of close of business January 15, 2019. The record date of the second distribution will be fixed by the board of directors of the Corporation.

IntellaEquity shareholders are not required to pay for the Sensor Shares they receive by way of the Distribution, to tender or surrender their IntellaEquity shares, or to take any other action in connection with the Distribution, other than providing a declaration of residency.

No Sensor Shares will be issued to shareholders who are (or are deemed to be) non-residents of Canada. Rather, such Sensor Shares will be delivered to a custodian and non-residents will be required to forward to the custodian the amount of withholding tax that such shareholder is required to pay. In the event that the shareholder does not forward such amount, the custodian shall retain such number of Sensor Shares necessary to cover the amount of the withholding tax payable. The balancer of the Sensor Shares will be forwarded to the shareholder.

Shareholders who fail to provide a declaration of Canadian residency in the form that will be provided will be deemed to be a non-resident for these purposes. Canadian shareholders who hold their shares in the Corporation through a brokerage or other account are therefore urged to contact their brokers to avoid being deemed a non-resident.

The Corporation also announces that it has amended the exercise price and extended the expiry date of the 994,000 outstanding common share purchase warrants (the "Warrants") of the Corporation, which were issued in connection with a private placement completed on December 18, 2015. Each Warrant, as amended, entitles the holder thereof to purchase one common share of the Corporation at any time until the close of business on December 18, 2020 at an exercise price of $0.10 per common share.

The Warrants will be amended, effective December 18, 2018, to amend the exercise price of the warrants from $1.50 to $0.10 and to extend the term of such warrants from December 18, 2018 to December 18, 2020. All other provisions of the Warrants will remain the same. Insiders of the Corporation do not hold any of the outstanding Warrants.




Bullboard Posts