OTCPK:MEDVF - Post by User
Post by
WinterBaronon Jun 16, 2020 11:54am
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Post# 31155909
There is good reason for them to seek Safe Harbor Protection
There is good reason for them to seek Safe Harbor Protection
Dr. Copeland is being paid the equivalent of $2.22 Million in shares for a 30 % interest in a non-revenue producing company
And
will be paid an undisclosed fee for his role as chairman of Medquest’s Medical Advisory Committee.
Glencoe is a private “pre-revenue” corporation controlled by Dr. Copeland's holding company, 2451013 Ontario.
It is also declared there in one part of the announcement that:
“No finder fees are payable in connection with, and no change of control of Questcap will result from, the transaction.”
Then later in the announcement it states:
“ Finder's fees may be paid to eligible finders in accordance with the policies of the CSE consisting of a cash commission equal to up to 7% of the gross proceeds raised under the Offering.”
Just who might be entitled to that “7% of the Gross Proceeds”?