RE:42,200,000 shares @ CAD 1.10 per share is what this isThe only huge difference is the cost basis is not $1.10 but $0.48. Lots of firends and family to feed and offer a free ride to.
Tell me this, if you participate in this bought deal and short the company right away, what is your risk? Downside is literally zero and you are rooting for company's failure.