TSXV:MBI.H - Post by User
Post by
SchiffKnowsBeston Dec 21, 2017 10:13am
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Post# 27204468
Who and What Price?
Who and What Price?Clearly WJ has a funding partner in mind and thus the reverse split. So the question is who, and at what price? Would be interesting to see if he could negotiate a strategic partner coming in at his option price of 50 cents (5 cents before split).....That sure would move the needle here!
"The company's name and trading symbol will remain the same. Management believes that the consolidation is in the best interest of the company and will allow the company greater possibilities with respect to needed future financing".