Reminder - PPR issued 38 mil shares for Marquee acq.A little historical reminder:
Prairie Provident acquired all of the outstanding Marquee shares on a share exchange basis, with Marquee shareholders receiving an aggregate of 38,609,416 common shares based on an exchange ratio of 0.0886 common shares of the Company for each Marquee share held.
In effect Goldman cancellation more than offsets shares issued to acquire Marquee. Net effect was assumption of 39 mil of their debt.