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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

Comment by Skymanon Oct 26, 2019 4:51pm
95 Views
Post# 30273154

RE:RE:RE:Wow! What now!

RE:RE:RE:Wow! What now!You still have the same number of shares under the new name. More shares have been issued to acquire a new social media company. The details are on sedar. The most recent financing in August was at 5 cents, so no one with knowledge will sell for less than that on Monday. Here is a partial quote:

"On August 16, 2019, CannCentral completed a private placement of 40,150,000 units (each a “$0.05 Unit”) at a price of $0.05 per unit, with each $0.05 Unit consisting of one Class C common share of CannCentral and one warrant to acquire a further Class C common share of CannCentral at $0.30 per share, for gross proceeds of $2,007,500
.
Effective October 23, 2019, IEQ disposed of all of its assets including all of its subsidiaries.

Following the completion of the Amalgamation, there are an aggregate of 308,115,278 Common Shares issued and outstanding with former shareholders of CannCentral holding 270,150,000 Common Shares, representing approximately 87.7% of the Common Shares and the original shareholders of the Issuer holding 37,965,278 Common Shares, representing approximately 12.3% of the outstanding Common Shares."

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