RE:XLY next, XLY is partner with BE XLY looks attractive but check this out...
Auxly has acquired 7,058,824 units of Inner Spirit, with each unit consisting of one common share of Inner Spirit and one-half of one common share purchase warrant of Inner Spirit (for a total of 3,529,412 warrants) in consideration for an aggregate purchase price of $1,058,823.60, with each warrant entitling the holder to purchase one common share at an exercise price of 30 cents per common share for a period of 24 months from the date of issuance. Auxly acquired the aforementioned securities pursuant to the exercise of pre-emptive rights granted to it under the terms of a strategic alliance agreement dated Jan. 8, 2018, between Auxly and Inner Spirit. Following the completion of the IPO, Auxly owns 25,941,177 common shares of Inner Spirit, representing approximately 15 per cent of the issued and outstanding common shares of Inner Spirit, and warrants to purchase an aggregate of 4,191,177 common shares of Inner Spirit.
Tell me why are so many companies attracted to Inner Spirits ??????????
HHHHMMMMMMMMMMMMMMM..
I tink we are onto something.....