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.

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Calyx Ventures Inc > Private Placement

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Comment by LandyJon Nov 07, 2019 3:21pm

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RE:RE:RE:Private Placement

Billymcbiller wrote: Why would you include that?

Why would you invest in the placement, if you weren't after the warrants? The warrants are the enticement to participating in the placement. And you have to include the cost of exercising the warrants in evaluating whether the placement is a good deal or not.

But why would anyone invest in this placement, other than as a favor to Forde? The same $1,000 from the example would get 40,000 shares today, insteed of just 15,000 from the placement. Forde wither has some really, really good friends, or some really, really stupid ones.

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