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Beyond Medical Technologies Inc C.DOCT

Alternate Symbol(s):  DOCKF

Beyond Medical Technologies Inc. is a Canada-based company. The Company has no business operations and has no revenue. The Company is seeking new business opportunities.


CSE:DOCT - Post by User

Post by BrighterFutureon Mar 31, 2017 2:12pm
179 Views
Post# 26059606

Shouldnt Finore own 20% of Kushtown USA LLC?

Shouldnt Finore own 20% of Kushtown USA LLC?"Pursuant to the terms of the Letter Agreement, the Company will, within 14 days of signing of the Letter Agreement, pay the shareholders of Kushtown aggregate cash consideration of US$50,000 (the “Cash Payment”) and shall advance a loan to Kushtown of US$50,000 (the “Loan”).  The Cash Payment and the Loan will be evidenced by a promissory note(s) and will be secured by a pledge over in aggregate 20% of the issued and outstanding shares of Kushtown.  In addition, upon closing of the Transaction, the Company will issue to Kushtown shareholders an aggregate of 8,440,845 common shares in the capital of the Company (the “Payment Shares”) at a deemed price of CDN$0.15 per Payment Share for total share consideration of CDN$1,266,126.75 (US$950,000).  The Payment Shares will be subject to escrow conditions and/or resale restrictions as required by applicable securities laws and the policies of the Canadian Securities Exchange (the “CSE”). - See more at: https://www.finoremining.com/news/press-releases/2016-news-releases/nr-20161025.html#sthash.Mu5qF1OU.dpuf"
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