GREY:YSSCF - Post by User
Comment by
PatrickNeilon Jan 18, 2021 5:56pm
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Post# 32322784
RE:News
RE:NewsNo.
It seems a bit complicated, but it's Alcanna's way of entering the public domain without an initial IPO.
Our shares are being bumped to $0.16 and a consolidation, or reverse split of 18.35 shares to 1, is being enacted to bring the total outstanding shares to approximately 7.5 million at a value of $3.00 each, an additional Alcanna is issuing 35.75 million shares, the sum of what their cannabis operation is worth and it will be issued to the new publically traded company NEW NOVA.
YSS share holders should retain their shares post reverse split.