Post by
Jonnyboy85 on May 28, 2021 1:51pm
From the management circular
D. Consolidation of the Common Shares At the Meeting, the Shareholders will be asked to consider and, if deemed advisable, pass a special resolution (the “Share Consolidation Resolution”) authorizing a consolidation of the Corporation’s common shares on the basis of up to two (2) pre-consolidation common shares for each one post-consolidation common share (the “Share Consolidation”). Approval of the Share Consolidation Resolution does not necessarily mean that the Board will implement the Consolidation. Even if the Share Consolidation Resolution is approved by shareholders at the Meeting, and accepted by the TSX, the Board will have the discretion not to proceed with the Consolidation.
Comment by
IainCaimbeul on May 28, 2021 1:56pm
JB85, nice cut and paste, but what is your take on it?
Comment by
Liked2Think on May 28, 2021 2:36pm
I hope there is a master plan. A smoking gun Hard to continue to hold on and my attempt to fight off gap girl seems to be all for not.
Comment by
Mykndrsn on May 28, 2021 3:33pm
No one really expects you to understand. Don't hurt your brain.
Comment by
Mykndrsn on May 28, 2021 2:22pm
As a means to get on NAS I'm completely in favour.
Comment by
davewho on May 28, 2021 2:43pm
all filed on sedar as of this morning. Associated Documents (sedar.com)
Comment by
Mermer2328 on May 28, 2021 3:03pm
Its all fine and dandy and I really hope that in the next yr the 2 for 1 splitt will have the SP high enough to trade on the Nazdaq. But this was the same story for doing an 8 to 1 reverse split. so that went from 9 cents to 72.. Where are we now??? All talk. no action. that's what needs to change
Comment by
Mermer2328 on May 28, 2021 3:30pm
yep. I agree with all that. When???? time is money! More info on anything Aristotle would be beneficial also. Cause that's our golden goose game changer!! as James said himself
Comment by
Mykndrsn on May 28, 2021 3:30pm
That's exactly what happened to attract financing. 2-1 at $2 is a no brainer and a necessary contingency they don't have to use.
Comment by
Mermer2328 on May 28, 2021 3:39pm
who was that directed to?