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LottoGopher Holdings Inc LTTGF

LottoGopher Holdings Inc is a lottery messenger service. The company owns, operates, and maintains LottoGopher.com, an online provider of California state lottery tickets. With LottoGopher, individuals can either play along with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus.


GREY:LTTGF - Post by User

Comment by TriumphSpitSixon Oct 15, 2019 10:19pm
224 Views
Post# 30234355

RE:Special Meeting of Shareholders

RE:Special Meeting of ShareholdersWhat did I miss? WHY are they having to seek a court order to do anything in this RTO? Why is a court involved in this matter?!

Summary of the
Reverse Take-overTransaction:The following list summarizes certain of the key milestones associated with the Reverse Take-overTransaction that have been completed to date:

1. On September 28, 2018, Bravioand LottoGopher entered into the Definitive Agreement setting out the terms of the Arrangement and related transactions comprising the Reverse Take-overTransaction, pursuant to which the parties shall complete a reverse take-overand list the common shares of the resulting issuer (the “Resulting Issuer”) on the Canadian Securities Exchange (“CSE”);

2. On April 29th, 2019,the Company held a shareholders' meeting where all resolutions put forth, including the resolution approving the Reverse Take-over Transaction, were approved as more particularly described in the Company’s management circular dated April 3rd, 2019, a copyof which is available under LottoGopher’s profile on SEDAR at www.sedar.com;

3. On October 10th, 2019, Bravio received an interim court order allowing Bravio to conduct the Meeting; and

4.
Assuming that the Bravio Shareholders approve the resolutions put forth for their consideration at the Meeting, the Company remains confident that Bravio can obtain a final court order approving the transaction on or around October 30th, 2019.
 

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