GREY:GGBXF - Post by User
Comment by
Papermaker61on Sep 10, 2018 5:34pm
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Post# 28593430
RE:What is the future of Xanthic?
RE:What is the future of Xanthic?Hello, Kinda reluctant to give out advice with all the bashers out there but, I've been following Xanthic (formely Aurquest) since last November. This stock is a keeper. Green Growth Brands has taken over and they are backed by the Schottenstein family out of Columbus Ohio, best known for DSW and American Eagle Outfitters. You'll soon be receiving paperwork to fill out concerning the reverse-takeover. Basically for every 4.07 shares of Xanthic you'll have 1 share of GGB in return. Xanthic was at .25$ when the halt was ordered. They'll be worth at least .36$ when this starts up again but since it's a 4.07 to 1 exchange the new value will be about 1.47$ per share of GGB. Let say you own 10,000 shares of Xanthic, after GGB is allowed to commence trading you'll own 2,457 shares of GGB at 1.47$. Hope this helps, all the best.