TSXV:DXI.H - Post by User
Comment by
BobTheKnob2on Sep 30, 2020 1:27am
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Post# 31640205
RE:RE:Bob's done Shareholder Wrong...Yes, He's A Dirty Criminal.
RE:RE:Bob's done Shareholder Wrong...Yes, He's A Dirty Criminal.That last go around wasn't enough I guess. Here he goes again. As I said before - class action suit should be on deck.
Why anyone would consider buying this PoS is beyond me.
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2020) - DXICapital Corp. (TSXV: DXI.H) ("DXI" or the "Company"), has arranged a debt settlement of $4,482,426.77 in debt owed to various creditors (collectively the "Debts").
The Debts include the amount of $2,057,939.89 owing to Hodgkinson Equities Corp. ("HEC"), a private company owned by Robert Hodgkinson, the CEO and a director of the Company, and $2,057,939.89 owing to Hodgkinson Ventures Inc. ("HVI"), a private company owned by Charles Hodgkinson, Robert's brother. The amounts owed to HEC and HVIVentures Inc. represent long standing loan advances and accrued interest. Independent shareholders approved these transactions in principle at the August 2020 Special AGM.
The Debts will be settled in full by the issuance to the creditors of 9,436,685 common shares (the "Shares") at a deemed price of $0.475 per share.
The debt settlement Shares will be subject to resale restrictions prohibiting resale for a period of 4 months and a day from their date of issue. The debt settlements are subject to the acceptance for filing by the NEX.
The Shares were acquired by both HEC and HVI for investment purposes, but they do not act jointly or in concert. HEC and HVI both have a long-term view of the investment and may acquire additional securities of the Company, including on the open market or through private acquisitions or sell securities of the Company including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. Copies of HEC's and HVI's early warning reports will appear on the Company's profile on SEDAR.
On behalf of:
The Board of Directors of DXI Capital Corp.
Robert L Hodgkinson, CEO.
rhodgkinson@dxicap.com
trademakerva wrote:
@stevero, are you located in canada?. We need to find a lawyer that will take on a class action lawsuit against him. You're absolutely right this man is a freaking criminal. I don't know how the man looks in the mirror in the morning and tries to shave. I've known at least 20 investors that have lost everything that they've had with this scumbag. I'm in the United States and I'm looking now.