100,000 common shares Will entitle you to the rights for 75,000 shares at .15
Rights Offering Details
Pursuant to the Rights Offering, each holder of Common Shares will receive one transferable right (a "Right") for each Common Share held. One and a half (1.5) Rights will entitle a holder to purchase one (1) Common Share at a price of $0.15 (the "Subscription Price") per Common Share. The Subscription Price is equal to approximately an 73% discount to the volume weighted average trading price of the Common Shares on the Toronto Stock Exchange (the "TSX") for the 5-day period ending on October 23, 2019.
I really do believe AG is caught, he was expecting the markets to pick up by now and they have not. If that is the case and he knows they have enough money, to, are ramped up, and are ready for the demand 2.0 will bring, he will make alot of people very rich.
But if this whole Zenabis has been a scam from the time of the merger, he will hurt alot of investors.
We have alot to think about, shorts do also have alot to think about.
GLTA,
Free55dom