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Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Comment by veteran98on Dec 20, 2017 9:55pm
77 Views
Post# 27201432

RE:RE:RE:How is 0.075 the decided rate for > 15 million shares

RE:RE:RE:How is 0.075 the decided rate for > 15 million sharesI think you may be right and maybe some of these warrants coming into play as well adding to adding to any large equity poisition that some group may be acquiring..... makes sense to me.

As at September 30, 2017, warrants to purchase common shares carry exercise prices and terms to maturity as follows:    
 
Number of  outstanding  Exercise priceexercisable warrants              Expiry date                  $  
Warrants 0.07 9,072,726 March 15, 2019*
Warrants 0.07 14,469,498 December 28, 2018*
Broker Warrants 0.055 255,188 December 28, 2018*
Warrants 0.30 1,005,000 February 5, 2018
Warrants 0.07 12,723,636 November 11, 2017*

Total  37,526,048  *     Subject to acceleration clause, see note 13(iv), 13(v) and 13(
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