RE:RE:RE:Screen Pro Security@arbourmark, agreed. Let's see what comes tomorrow. Fingers crossed that it will all work out in DM's shareholders best interest. Thanks for sharing!
Arbourmark wrote: Hi Resilience,
I was caught off guard here but this could infact explain why RYU has been sellling DM shares to raise capital for the new venture.
The fact that so many DM executives, board mebers, involved in Screen Pro Security and the fact Mashall is an advisor to the board of this company suggests DM must be benefitting in some way. I would suspect that DM must have an equity stake or some form of royalty but just a guess.
I do know that DM had to obtain special permission from the TSX to be able to sell the covid testing as it was outside their normal scope of business and many of the investors were in DM for AI core business not Covid Testing but having said that many new investors are here for the covid testing.
I suspect TSX might have also been pressuring them to separate the two business models but only a guess on my end.