ARHT Media Inc V.ART

ARHT Media Inc. Did a 1:11 Share Consolidation

[PowerofNow]

TORONTO, ONTARIO--(Marketwired - Oct. 24, 2017) - ARHT Media Inc. ("ARHT" or the "Company") (TSX VENTURE:ART), creators of digital human holograms called HumaGrams™, announces that it plans to consolidate its common shares on the basis of one new common share for up to a maximum of eleven common shares outstanding. ARHT currently has 109,723,901 common shares outstanding and, assuming a share consolidation on an eleven for one basis, will have approximately 9,974,900 common shares outstanding. The change in the number of issued and outstanding common shares that will result from the share consolidation will not materially affect any shareholder's percentage ownership in ARHT, although such ownership would be represented by a smaller number of common shares. The share consolidation is subject to shareholder and TSX Venture Exchange approval. A special shareholder meeting has been called for October 26, 2017 at 10am EST at 65 Queen Street West, Suite 800, Toronto, ON M5H 2M5 for shareholders to consider and vote on the share consolidation. ARHT's board of directors and management believe that the share consolidation is in the best interests of the Company in order to reduce the number of outstanding common shares. The benefits of the consolidation include, but are not limited to, improving the capital structure of the Company to enhance its ability to access financing, helping ARHT attract key management personnel and a higher post-consolidation share price could help generate interest in the Company among investors. Further details regarding the share consolidation are contained in the Company's information circular dated September 25, 2017, which has been filed under ARHT's profile on SEDAR at www.sedar.com. The Company does not intend to change its name as part of the share consolidation.

[AnotherCanuck]

"The change in the number of issued and outstanding common shares that will result from the share consolidation will not materially affect any shareholder's percentage ownership in ARHT, although such ownership would be represented by a smaller number of common shares. The share consolidation is subject to shareholder and TSX Venture Exchange approval." Seems like it still hasn&

[PowerofNow]

Yes, and I will be r**ing arht like the rest of my team after news dries

[masfortuna]

What are you talking about?  You came here promoting another company on the venture which at one point was trading at $7 and now is at .30 and dropping.  I am not going to critic your choice. That's on you, but posting that they did a reverse split in 2017 BEFORE they even had a product to bring to market? That's just an attempt at being deceitful. I don't know much about

[tannin]

PowerofNow, I owned ART at the time of that split, it hurt. I now own vastly more ART, 1/4 million shares.....I bought because the technology was always great, now so is management. The tec has been improved, the price hugely reduced, the distribution system worked out......after a long wait, I'm f..ing delighted to see it happening.

[PowerofNow]

All you folks that really are living in dreamworld thinking it was another company, THINK AGAIN.  ARHT media has done a great jkb of trying to hide it.  When you click on the tab from searching it on google the actual news release was deleted I checked it 5 times in 2017 year... 

[PowerofNow]

Yes, INVESTORS do want revenge on this company.... :-o and its happening

[AnotherCanuck]

Here is the news release Mr. Butthurt fan of Ekhart Tolle. Tolle would advise you not to get too much into your feeeeeelings. Filed on SEDAR. The split didn't hurt shareholders - you were hurt by the 10:1 split previous to the consolidation. You can continue to take your anger out but it makes no sense - if you are holding from Vast Exploration days, and are still red. You need/want this puppy

[PowerofNow]

ANOTHER CANUCK... R u utterly blind ? I owned ARHT MEDIA before the share split and it was called ARHT MEDIA with multiple news releases prior to it about Augmented Reality and holograms. You are the one here with the obvious ego issue maybe you should actually read the book

[Flacker]

Paul Duffy works for NtAR now, he's your target! Larry Orielly is our guy now, he's done nothing wrong to anyone but build this company back up to where it needs to be.

[Sheshe1234]

looks like  the shorter are done. we move up slowly now

[AnotherCanuck]

I don't know you from Joe Schmo. Just going off your distaste for the company based on the past. Now that is something Tolle would not recommend. Didn't he wake up from a long depression and anxiety ridden life to the enlightenment that we all cause our own suffering. You are choosing to suffer. If you want to discuss philosophy, psychology, and ancient wisdom - I am all ears. You clearly

[masfortuna]

So they went from 110 million shares to 9 million in 2017. Same market cap Same product Explain how it (the reverse split)  hurt shareholders.  I am all ears.  

[AnotherCanuck]

It simply doesn't as i responded in a different post. It is the price action that hurt them. Post consolidation, the price jumped and there was a time to sell for profits if one was not bagholding from Vast Exploration days. Post 2018 is when the share price took a dive as the tech and pivoting of the company was underway. We have currently reached a turning point in the companies history

[masfortuna]

I know Canuck...You also know...And I am sure HE also knows.  These "dumbasses"  are just being dishonest and trying whatever they can think of. BTW: The pharma company is cipher (cph).  We are waiting on news concerning Bausch.

[PowerofNow]

well this definitely looks like a few accounts from one dude or gal. Wouldn't doubt if I know who you are *cough* ... either that or your multiply being hijacked by nano bots lmao

[tannin]

Oh, forget it Powerofnothing.........you are wrong, yet again. You do 'wrong' very well......must have burned right through your inheritance by now, on your brilliant stock decisions....chortle...chortle

[Flacker]

Revenge on the company? Lol you think attempting to manipulate the stock price down is revenge? All hail almighty god that thinks he can take down a company by shorting it. The company will still exist and you might steal some panic sellers money, that's all you will accomplish. This company is different now. Paul Duffy works for NTAR, he's the one you should be after! Go join the party

[farml1234]

and anyone that doubled down is sitting on cloud 9 now and making money