DKM’s Catch Up – part 5DKM’s Catch Up – part 5
5.
Keeping it in the family Xstorm2 wrote: been saying it for years now,…feels like this company is about to break out and never look back. Whom ever, Rauni Malhi represents, has taken a massive investment with his PP and Warrants… Then Craig adding himself, again... Good enough for me.
Hey “Xstorm2”,
I talked
a lot about the .085 PP in
my Sept 18th post and subsequently did follow up DD on Rauni Malhi. I like to know as much as I can about anyone who is buying big chunks of NSP shares. Below are some of my findings – I think you will find them interesting.
Craig & Bryan along with a few other Management people took part in the .085 financing – always a good sign. Besides the NSP Management staff and R.Malhi there were 4 other people who participated but remain unknown to me. I would have participated given the opportunity but no matter as I have been picking up bits & pieces between .085 & .06 when I can
:<) **
Naturally Splendid 18,990,292-share private placement 2019-09-30 19:18 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 13, 2019.
Number of shares: 18,990,292 shares
Purchase price: 8.5 cents per share
Warrants: 18,990,292 share purchase warrants to purchase 18,990,292 shares
Warrant exercise price: 12 cents for a one-year period, subject to an acceleration clause; 20 cents in the second year, subject to an acceleration clause
Number of placees: nine placees
Insiders:
1105953 B.C. Ltd. (Craig Goodwin), 588,235;
Kal-Mad Enterprises Inc. (Bryan Carson), 450,000;
Barry Dashner, 141,176;
Ranbir Sall, 25,000; 1,204,411
Rauni Malhi 13,529,412
5 placees: 14,733,823 @.085 = 1,252,374.96
4 placees: (unknown) 4,256,469 @.085 = 361,799.87
total 9 18,990,292 @.085 = 1,614,174.82
Finder's fee: PI Financial Corp., $51,750 cash and 608,823 warrants payable (The warrants have the same terms as the offering.)
© 2019 Canjex Publishing Ltd. All rights reserved.
**
Naturally investor Malhi acquires 13.52 million units - 2019-10-08
Rauni Malhi has filed an early warning report in connection with the acquisition of 13,529,412 units in the share capital of Naturally Splendid Enterprises Ltd., which closed on Sept. 26, 2019. Each unit consists of one common share at a purchase price of $0.085 per common share and one common share purchase warrant, each whole warrant entitling the holder to purchase one additional common share in the share capital of the Reporting Issuer, at a warrant exercise price of $0.12 in the first year, expiring on September 26, 2020 and at a warrant exercise price of $0.20 in the second year, expiring on September 21, 2021.
These 13,529,412 units are held directly by the Acquiror. The Acquiror did not hold any securities in the share capital of the Reporting Issuer prior to this Private Placement Transaction.
**
Through various searches of
PUBLIC documents I determined:
Project Data for #### ## (#####)
Owners
Kulwant and Rauni Malhi Applicant Kulwant Malhi
Application Date June ##, ####
Follow up searches on Kulwant Malhi determined the following:
Kulwant Malhi https://bullruncapital.ca/team/ https://www.cannabixtechnologies.com/management--advisors.html Kal Malhi, President and Director Kal Malhi, President, Director Mr. Malhi is a Vancouver based entrepreneur and the founder of Cannabix Breathalyzer Inc. Mr. Malhi is a retired member of the Royal Canadian Mounted Police and is also President of BullRun Group, a private investment company specializing in early stage business development. Mr Malhi brings a wealth of business and law enforcement experience to the management team and is cognizant of the issues of protecting individuals’ rights to privacy while maximizing public safety through law enforcement initiatives.
*****
“NSP is a very viable business without the Processor’s License!” *****
“Living in the sunshine” Always DYODD DKM