RE:RE:RE:Private Sale of Primo SharesMarianna will be listing its common shares on the CSE through the assistance of Primo. We will become a reporting issuer once Primo dividends out the 10M shares to current Primo shareholders. This is currently underway and discussed in the April 14th, 2021 press release.
The minimum shareholders a private corporation can have is 50 before they are considered a reporting issuer. With the issuance of the above to Primo shareholders, we will surpass that minimum. The company is in the process of submitting paperwork to BC Securities.
Those 10M shares are part of the 25% equity stake Primo has in Marianna Naturals.
Richard is the CEO of Primo and Andy is the President of Primo.
I hope that clarifies your question.
Regards,
Joel D.