RE:RE:RE:RE:RE:RE:Value No cash is not in the bank, just assuming it goes through and after exchange rate less what they take in shares it sums around 2 million. That is pure speculation though, no one knows the structure of the deal.
BigTimetrade wrote: I seen a name once mentined 6-8 months back but forgot.Will have to see if I can dig it up.But its all speculation on my part only reason I still think its possible is the news to buy Orville clearly stated cash and shares..But Momentum whom does great dd here said money is in bank..
nd fixtures upon the signing of a definitive agreement.
Further to the company's news releases of Nov. 15, 2017, and Dec. 7, 2017, the board of directors and management have accepted an LOI to sell all related assets, property, leases and fixtures to the purchasers for consideration in cash and shares of approximately $2.5-million (U.S.). The parties are now engaged in the due diligence process in preparation for the sale of the Oroville facility. The proceeds from the sale of the Oroville facility will provide the company with the resources to seek out and take advantage of, and capitalize on, business opportunities available in Canada and develop an e-commerce site capable of exploiting related opportunities in Canada and the United States.