RE:RE:Can you guys please keep it quiet till Monday This info came from the Listing document found on CSE Site
"There will be 170,102.50 Multiple Voting Shares and 852,466 Super Voting Shares issued and outstanding immediately following the completion of the Transaction. Each Super Voting Share is convertible into Multiple Voting Shares at the option of the holder or upon certain triggering events. Each Multiple Voting Share, including those issued upon conversion of the Super Voting Shares, is convertible into 100 Subordinate Voting Shares at the option of the holder or upon certain triggering events"
These super voting shares add up to 100 million shares.
There are only 8 million shares tradeable. So total fully outstanding is 110 million shares.
This places the market value of the company at 1.6 billion.
I think the play here is to get the stock to rally hard and then do another bought deal for much more money. Looks like they could do 100 million this year and maybe 200 million next year based on growth projected. So, this is a real company.
But, it is not as cheap as it appears froim this post.
https://webfiles.thecse.com/investorx/TRUL/1809251135171817.pdf?qlQmSZkRRaQtHbKyJHzS5eAII_kK.djH
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