GREY:CVHIF - Post by User
Comment by
lscfaon Aug 31, 2020 12:34am
106 Views
Post# 31477894
RE:RE:RE:Selling assets to competitors is called LIQUIDATION!
RE:RE:RE:Selling assets to competitors is called LIQUIDATION! I won't be surprized if these bozos pivot again, out of cannabis and into god knows what. Look what old sister company Inspira is up to...
Brattle Street seeks U.S. medical device deals
2020-08-18 19:16 ET - News Release
Mr. Michael Dalsin reports
BRATTLE STREET INVESTMENT CORP. FOCUSES ON MEDICAL DEVICE INVESTMENT OPPORTUNITIES
Brattle Street Investment Corp. has interest in pursuing investment opportunities in the U.S. medical device and health care industry.
"The U.S. medical device industry, from design to manufacturing to distribution, is highly fragmented with thousands of small, fast-growing private companies with valuable intellectual property and generous margins. This fragmentation, along with the performance of the public markets, may make this particular industry ripe with opportunity to take advantage of a private to public arbitrage and deliver value to our investors," said chairman Michael Dalsin. "As an example of the public market performance, IHI (the I Shares Dow Jones Medical Device ETF) has appreciated roughly 19.4 per cent over the trailing 12 months, outperforming the S&P 500, which grew roughly 15.6 per cent during the same time."
The company encourages any investors who believe they have suitable opportunities for the company, specifically medical device companies already generating revenues in the U.S. market, to send more information to IR@inspirafin.com.
The company also announces that its directors have granted options to acquire up to 925,000 common shares of the company at 14 cents per share, exercisable for five years, to three directors, officers and employees.
© 2020 Canjex Publishing Ltd. All rights reserved.
brentski99 wrote: Winding up of the company and then delisting it. I hope not but why else would they do these stupid things?