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James E Wagner Cultivation Corp JWCAF

James E. Wagner Cultivation Corp, through its subsidiary is a licensed producer of medical cannabis focusing on producing clean, consistent cannabis using an advanced and proprietary aeroponic platform named GrowthSTORM. The company's operations are based in Kitchener, Ontario.


GREY:JWCAF - Post by User

Post by The6Kidon Dec 10, 2019 12:45pm
88 Views
Post# 30440134

Trichrome Financial Loan Second Tranche Timeline in MD&A

Trichrome Financial Loan Second Tranche Timeline in MD&A

As noted previously Trichrome Financial will recive bonus shares and warrants at  when the second tranche of the recent loan is released.

"Subject to the approval of the TSXV, a similar Loan Bonus is anticipated in relation to the second tranche with pricing reflective of the then current market price of common shares of JWC."

Now in today's released MD&A

"The first tranche, in the amount of $2,850,000 was advanced on November 6, 2019. The second tranche of the loan will be advanced upon satisfaction of certain conditions set out in the agreement. The Company expects to satisfy these conditions in December 2019."

We now have a timeline for the second Tranche. Trichome wants to see the share price as low as possible this month before those conditions are met. 

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