GREY:MYMMF - Post by User
Comment by
WeeblesWobbleon Nov 07, 2019 4:34pm
116 Views
Post# 30323956
RE:RE:RE:I guess this explains the run up!
RE:RE:RE:I guess this explains the run up!You realize that there is no such thing as "free" shares, don't you?
CROP had 11.6 million share options outstanding as at Aug. 31, 2019. Exercise prices: $0.50 - $0.13. CROP had +45 million share warrants outstanding as at Aug. 31, 2019. Exercise prices: $0.12 - $0.75. Closing share price of CROP today: $0.025. Range of closing prices for CROP for the past month: $0.065 to $0.025. All options and warrants are underwater.
"Pursuant to the corporate law in Ontario, British Columbia and Canada (and potentially other jurisdictions), a share in the capital of a corporation cannot be issued until the shares are fully paid for, and the consideration paid for the issuance of a share cannot be a debt owing to the company by the subscriber, and in the case of Ontario and Canada, a debt owing by any person related to the subscriber.
Using incorrect terminology again?