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Elixxer Ltd. V.QBA


Primary Symbol: V.ELXR

Elixxer Ltd is a Canada based company engaged in growing and producing medical-grade cannabis. It focuses on making investments in Nutraceuticals, Cosmetics, Pharma, and Cultivation and Extraction sectors.


TSXV:ELXR - Post by User

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Post by Massimilianon Oct 16, 2018 2:19am
145 Views
Post# 28807624

From the last MD. IMO. Lg Strong buy !!!

From the last MD. IMO. Lg Strong buy !!!I find this very interesting. I dont know wy Lg still under 20cents. Lg is strong buy. Dont think twice. From the last MD : Merchant Banking The Company has established a merchant banking division to pursue global high-yield investment opportunities, which will run parallel with and will not deter efforts from LGC Capitals cannabis investments and the pursuit of additional cannabis opportunities. Etea Sicurezza: Further to the Companys establishment of a merchant banking division, the Company entered into a Letter of Intent with UK-based fire safety and security company Etea Sicurezza Group Ltd (Etea Sicurezza) for a potential acquisition of approximately 20% of Etea Sicurezza by the Company. In 2017 Etea Sicurezza achieved unaudited consolidated revenues of over USD $10 million, a 26.5% increase over 2016. Etea Sicurezzas clients include Ferrari, Buhler, L'Oreal, Unilever, Siemens, Petrobras, Ferrero, Coca-Cola, Martini, Heinz, E.On, Luxottica Group, Shell, Michelin and Roche. The potential investment in Etea Sicurezza is subject to a number of conditions, including completion of due diligence reviews by the Company, the negotiation and execution of a definitive agreement, and approval by the TSX-V. The Company has provided a guarantee of all of the obligations incurred by Etea Sicurezza in respect of notes issued by Etea Sicurezza with a principal of USD$1,000,000. In consideration for providing this guarantee, the Company has received a 3% equity interest in Etea Sicurezza and a fee.
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