GREY:CHALF - Post by User
Comment by
Hopeful75on Nov 06, 2018 1:04pm
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Post# 28931679
RE:We will be at this price for another year at least
RE:We will be at this price for another year at leastACBCRZMARIMYM wrote: The good news of $5 million revenue did not boost us.
The good / bad news of merging with TRTC did not boost / drop us.
**** Also, TRTC does not qualify to be listed on CSE because of Peterson's criminal past regarding his involvement in penny stock fraud case where he paid a cash settlement to avoid charges.
" 1.8 The Exchange will not approve an Issuer for listing if any Related Persons, or investor relations persons associated with the Issuer have been convicted of fraud, breach of fiduciary duty, violations of securities legislation (other than a minor breach that does not necessarily give rise to investor protection or market integrity concerns) or any other activity that concerns integrity of conduct unless the Issuer first severs relations with such person(s) to the satisfaction of the Exchange. 1.9 The Exchange may not approve an Issuer for listing if any Related Persons, or investor relations person(s) associated with the Issuer: a) have entered into a settlement agreement with a securities regulator or other authority; b) are known to be associated with other offenders, depending on the nature and extent of the relationship and the seriousness of the offence committed; or c) have a consistent record of business failures, particularly failures involving public companies, unless the Issuer first severs relations with such person(s) to the satisfaction of..."
Nothing will happen to share price until the deal closes successully which will be at least six months to a year because of the numerous conditions and any one condition can easily be broken:
-including entering into a mutually agreed definitive arrangement agreement,
-completion of due diligence,
-the waiting period for the HartScottRodino Act,
-state and local regulatory approvals,
-approval by the Ontario courts,
-Terra Tech board approval,
-Golden Leaf receiving a positive fairness opinion,
-Canadian Securities Exchange (the "CSE") approval ****
-Golden Leaf shareholder and board approval
Great post. Thank you for posting facts.. i was going to vote no to the merger regardless.. just waiting for a little run to minimize loss.. i can only assume that many other longs are starting to look for a way out