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Verisante Technology Inc V.VER


Primary Symbol: V.VER.H Alternate Symbol(s):  VRSEF

Verisante Technology, Inc. is a Canada-based company. The Company does not operate any active business other than to identify and complete a reverse takeover (RTO) with a company in one of its target sectors that demonstrates significant growth potential and/or value creation opportunities for shareholders. The Company may pursue a target in any industry, it intends to focus its search on companies that meet its acquisition target characteristics within the life sciences sectors.


TSXV:VER.H - Post by User

Comment by FATBIDSon Jan 07, 2011 10:44am
229 Views
Post# 17938423

RE: RE: RE: JV News sounds like it could be with

RE: RE: RE: JV News sounds like it could be withVecta O&G did not get all of the 36,000,000 shares. This went to the shareholders of Vecta Energy, a private Alberta Company. I beleive that Vecta O&G received approx 11,000,000 shares and the other 25,000,000 went ot friends of Coffman who invested in his little private Alberta company. A Non Canadian company can only own a certain percentage of a public canadian company.
https://www.sedar.com/CheckCode.do;jsessionid=0000dGp1FOppo8pC8P2J8SVM2cQ:-1
Anyone who owns more than 10% of the total outstanding shares or who is a director or employeee of the company must report their transactions. I don't see Coffman owning many shares and I dont see Charles Selby owning any shares.

I most likely didnt answer your question as it is tough to figure out who else it might be if the JV partner is not Vecta O&G.

Let's just wait until next week cause it gives me a headache trying to think that hard...lol.
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