TSXV:KEN.H - Post by User
Comment by
Aj1985on Jun 04, 2018 8:04pm
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Post# 28123212
RE:RE:In 2015 - Kenieba acquired 100% ownership of EA Education
RE:RE:In 2015 - Kenieba acquired 100% ownership of EA Education Thanks for the info but i think the purchase price was 5 cents. ...."The EAEG Purchase Agreement contemplates that the Company will acquire all of the issued and outstanding shares of EAEG in exchange for issuing to the EA Founders an aggregate of 120,000,000 common shares of the Company at a deemed price of $0.05 per share for an aggregate compensation of $6,000,000. The EAEG Purchase Agreement was negotiated at arms length." And haven't seen any insider selling so i think float is not that big as it seems when we look at 174 million shares (should be around 50million), all they need is some good news n this could go up really fast again.