RE:Why PKK give away pp at 0,20 when stock over 0,60They did not give them away at 20 it was at 40, Still cheap considering he has almost got his investment back already if this share price holds for another 4 months. Not likely as there are many more cheaper shares and warrants to absorb before then but hey ya never know stranger things have happened Go Trump I mean Peak
2020-10-05 10:04 ET - News Release
Mr. Johnson Joseph reports
PEAK CLOSES $500K NON-BROKERED PRIVATE PLACEMENT TO HELP FUND LIKELY JOINT VENTURE
Peak Positioning Technologies Inc. has closed a $500,000 non-brokered private placement financing with a strategic institutional investor to help finance a likely upcoming joint venture between the company and Beijing Youxiangtong Group, whose subsidiaries include national consumer electronics distributor Beijing Dianjing Company Ltd.
Peak sold a total of 1.25 million units to a strategic institutional investor for gross proceeds of $500,000. Each unit, priced at 40 cents, is composed of one common share and one common share purchase warrant, with each warrant entitling the holder to acquire one common share at a price of 40 cents for a period of 24 months following the closing date of the offering.