OTCQB:EMHTF - Post by User
Comment by
rrrrrrrrrrrron Jan 22, 2020 7:05pm
265 Views
Post# 30585772
RE:“In Our Favor” ???
RE:“In Our Favor” ???EMH has paid $19.06 of the $25M. $5.94 is under arbitration. EMH has suggested that the $5.94M was paid when they requested it be offset from the $13M loan they have out to PSF. That is the only amount outstanding on Delta 2. That will go 1 of 2 ways. Either the arbitration will result in agreement the amount will be paid with the offset of the loan or they will cancel the 5.94M shares and EMH will end up diluted down to 46.5%. Not a big deal.
| | | VFF | | EMH | | Total | | NOTE |
| | | | | | | | | |
| Delta 3 | 20,000,000 | | 20,000,000 | | 40,000,000 | | All shares issued |
| Delta 2 | 25,000,000 | | 17,410,000 | | 42,410,000 | | All shares issued |
| | Nov Pmt | | | 0 | | 0 | | $5.94M shares under arbitration review |
| | Dec Pmt | | | 940,000 | | 940,000 | | 940k paid by EMH. All shares issued. |
| | Jan Pmt | | | 710,000 | | 710,000 | | 710k paid by EMH. All shares issued. |
| Total | 45,000,000 | | 39,060,000 | | 84,060,000 | | |
| Ownership (%) | 53.53% | | 46.47% | | | | |