GREY:GGBXF - Post by User
Post by
Chutzpahon Nov 15, 2018 9:15am
99 Views
Post# 28978755
New Supervoting shares that convert 1:500 approved
New Supervoting shares that convert 1:500 approved [url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aXTHC-2678715&symbol=XTHC®ion=C]https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aXTHC-2678715&symbol=XTHC®ion=C[/url]
Xanthic shareholders approve all matters at AGM
Xanthic shareholders approve all matters at AGM
- An amendment of the company's articles of incorporation to create a new class of proportionate voting shares.
No mention of how many so good luck attaching any market cap value to the company as it is now.... it could be just about anything in the Billions when they end up printing the proportionate voting shares.
But wait , there is more: they were pretending to avoid all sort of policy exemptive relieves so those that dont make their homework would be oblivious to the fact !!!
[url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aXTHC-2673195&symbol=XTHC®ion=C]https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aXTHC-2673195&symbol=XTHC®ion=C[/url]
The purpose of Xanthic's exemptive relief application is to relieve the company from the restricted security rules in order to permit the company to refer in the information circular to common shares rather than subordinate voting shares or other restricted security designation. As at the date hereof, this relief has not been granted and there is no certainty the OSC will grant this relief. Without this relief, the common shares would need to be referred to as subordinate voting shares.
This company might very well succeed on its commercial efforts, but believe me they have already shown their cards and those are that retail is nothing but a nuisance to them.
These greedy f*cks are running their private biz not a charity !
https://www.forbes.com/profile/schottenstein/#14c986dd578e