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RBI Ventures Ltd. V.RBI.H

RBI Ventures Ltd is looking into new business opportunities.


TSXV:RBI.H - Post by User

Post by ScottJTayloron Apr 07, 2018 10:10pm
246 Views
Post# 27848653

Connecting The Dots

Connecting The Dotshttps://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00016831&issuerType=03&projectNo=02742885&docId=4278555

The above link is a SEDAR file regarding the appointment of Hugh Notman, Martin Burian, and Norman Yurik to the board of RB. I believe the proxy is a vote for this change.

https://www.sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=00037737&issuerType=03&projectNo=02740823&docId=4275188

The above link is a SEDAR file regarding the proxy for Percy Street Capital's board, as well as, qualifying transaction. New slate of board members are comprimed of Tim McCunn (CEO Percy Street Capital) Hugh Notman (Director of Percy Street Capital/Director of Russell Breweries) as well as CEO/directors of Livewell Foods. 

https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00037737&issuerType=03&projectNo=02718510&docId=4243322

The above link is a press release regarding the "Three way amalgamation" between Percy, Livewell, and a newly incorporated subsidiary of Percy.

I believe RB is the "newly incorporated subsidiary of Percy Street Capital" and will be a part of the "3-way amalgamation" between Percy and Livewell. Hugh Notman, who is a director of both RB and Percy Street, did not wake up one morning and buy shares of RB just for the fun of it. Some on this board say he will eventually turn RB into a pot stock or a blockchain stock, but I believe the connection is there for the 3 way amalgamation to be between Percy, Livewell and RB.

At the current SP, I will be happy regardless of the outcome as any RTO will increase the SP significantly in the near future.


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