Some Perspective: Why TRIP is going to $1 and beyond The Company raised $5 Million dollars with a single investor investing $3,000,000 at $0.165 cents. Anyone who has $3 Million dollars has done significant due diligence on the company and is expecting atleast a 10 fold return on their investment. I say dont be foolish, hold on to this one as it will one day trade beyond $2....imo
June 9, 2020) - First Tranche of its private placement (the "Private Placement") of units (the "Units") for gross proceeds of approximately $3,000,000 with one institutional lead investor.
Pursuant to the First Tranche, the Company issued a total of 18,181,818 Units at a price of $0.165 per Unit (the "Issue Price").
June 16, 2020) - Second Tranche") of its previously announced brokered private placement (the "Private Placement") of units (the "Units") for gross proceeds of $830,529, Including proceeds from the first tranche, previously disclosed on June 9, 2020, the Corporation has raised aggregate gross proceeds of $3,830,529 under the Private Placement to date.
July 16, 2020 - Red Light Holland Corp. Final Tranche") of its previously announced and now fully subscribed private placement (the "Private Placement")
The Final Tranche was completed on a non-brokered basis, and was comprised of both cash investors and PharmaDrug Inc. (CSE: BUZZ) ("PharmaDrug"), which entered into a securities exchange agreement with the Company dated July 14, 2020 (the "Securities Exchange Agreement")