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Calyx Ventures Inc V.CYX.H

Calyx Ventures Inc. is a Canada-based company that offers solution to variety of online business sectors. The Company operates through subsidiaries, including Leafhub Technologies, Cannigistics and AutoMotoCast. Leafhub Technologies offers LeafHub, a software as a service (SaaS) application designed to aggregate participants of the cannabis and hemp industries onto a single platform to conduct business and trade. LeafHub consists of two main categories: Marketplace and Wholesale. The Marketplace offers consumers the ability to source and locate local cannabis products and learn more about cannabis in general. The wholesale Exchange is an online Exchange where growers, processors, wholesalers and distributors can conduct business. Cannigistics offers a custom marketplace software that merges a retail and wholesale e-commerce marketplace with an integrated messaging platform. AutoMotoCast is a network of users that anyone interested in buying, selling or trading a vehicle can join.


TSXV:CYX.H - Post by User

Comment by LandyJon Nov 07, 2019 3:12pm
76 Views
Post# 30323352

RE:RE:RE:Private Placement

RE:RE:RE:Private Placement
SeanPrice wrote: But we all know the warrants are worthless. CALYX have MANY ongoing warrants that are expiring because the SP never gets over the exercise price.   
LandyJ wrote: The cost of each share in the placement is $.066667.

An example: you decide to participate and subscribe for 10000 shares at .05 = $500
That also gives you 10000 warrants exercisable for 5000 shares at .10. When(if) exercised, that's another $500.
The participants will end up with a total 15,000 shares at a total cost of $1,000 = .066667/share.

I rounded up to give the participants a $50 return on their investment.



You invest in the placement for the warrants. If you don't think the stock will be above .07 before the warrants expire, there's no reason to invest in the placement. I was just doing the math for you...
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