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Functional Technologies Corp FEBTF



GREY:FEBTF - Post by User

Post by skyhi0on Dec 12, 2012 11:22am
243 Views
Post# 20719290

Broker Participation

Broker Participation

I wonder how these brokers feel now after selling into this mess. I'd say they have some explaining to do to their clients knowing what they knew.

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Number of placees: 52 placees in the second tranche

Insider participation: AlphaNorth Asset Management (Steven Palmer) 875,000

Pro group participation: Ronald White 200,000, Richard Newbury 88,000, Gail Taylor (Richard Newbury) 125,000, Chris Wardle 425,000, Marianne Wardle 375,000

Finders' fees: Mackie Research Capital Corp. will receive $18,000 cash and 90,000 finder's warrants. Canaccord Genuity Corp. will receive $20,800 cash and 104,000 finder's warrants. Haywood Securities Inc. will receive $84,016 cash and 420,080 finder's warrants. Jones, Gable & Company Ltd. will receive $14,400 cash and 72,000 finder's warrants.

The finder's warrants will have the same terms and conditions as the private placement Warrants

 

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