RE:RE:RE:sept 18thDoes anyone know if this thing has traded above.25 for ten consecutive trading days? If so correct me if I am wrong, they are dumping now?
jake999 wrote: Calgary, Alberta, May 18, 2017 – QuikFlo Health Inc. ("QuikFlo" or the "Company") (TSXV:QF)(FRANKFURT:1QF) announces that it has closed the third closing of its previously announced nonbrokered private placement. The Company issued 9,314,025 units at a price of $0.075 per unit, with each unit consisting of one common share and one half of a share purchase warrant entitling the holder to purchase one additional common share for $0.15 for a period of 2 years from closing. The warrants will contain a forced conversion provision that if the shares of the Company trade at $0.25 or more for a period of 10 trading days, the Company has the option to accelerate the expiry date to no less than 30 days from a press release advising of the same. The proceeds of $698,552 will be used for working capital and future acquisitions. Securities issued pursuant to this first closing are subject to trading restrictions until September 18, 2017.
https://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00026745&issuerType=03&projectNo=02628870&docId=4119823