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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 EnisaDon May 23, 2018 2:31pm
94 Views
Post# 28070964

I was doing a little research on the weekend .....

I was doing a little research on the weekend .....A capital pool company such as Percey street must complete a qualifying transaction within two years . Now it looks like the deal with Livewell was announced a day before that two year time frame was up for Percey st . I’m wondering if the deal should be completed within the two years or is a LOI considered a qualifying transaction? The deal has been going on longer for Percy street past the two years ....
I couldn’t find a lot of info on that ...
It could explain the three corner amalgamation with Percy street ??
However , the fact that we have two different transfer agents makes me think it’s unlikey . 
Just thought I would share 
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