RE:Management Information Circular Tomskis - the details of the acquisitions are expected to be released on Jan 13 as per their last news release
"A comprehensive press release prepared in accordance with the policies of the TSX Venture Exchange (“TSXV”) is expected to be issued on or before January 13, 2021 to facilitate the resumption of trading of the common shares (“Shares”) of ILA on the TSXV."
It sounds like there are numerous acquisition targets expected in the coming years.
tomskis72 wrote: Looks like trading may resume on January 13th.
Meeting to be held January 22 to approve among other amendments:
1) issuing 162.6 million shares (including nonvoting shares) to acquire Voxtur including Brightline Title and $18.4 million US in cash
2) name change to Voxtur Analytics Corp
3) Restricted Share Units
The Management Information Circular does not provide any information on the sales, profits, EBITDA, or debt of Voxtur. How remarkable, that they expect shareholders to approve such a large acquisition with no financial information whatsoever. Albertelli, the majority owner and his seconder will assume the role of CEO and CFO of the US operation, which in this case will likely represent 90%? of the combined company.
Does anyone have any idea of the size and profitability of VoxturTechnologies?
I will call the company first thing Monday.