RE:RE:RE:Pwr newsBlizzy420 ...
The Spin out is a bonus to the Captiva shareholders. It has nothing to do with GRB so the dialogue here is not on message to GRB; except that GRB indirectly benefits from its ownership of Captiva Verde. This is a bonus for free so the suspicions are misplaced by others.
Regarding pulling back the curtain, this will happen after the Plan of Arrangement documents are mailed to the existing Captiva shareholders to vote on the spin out. Those that vote No, receive zero shares. Since my first investments in the market in 1978 and my first public company in 1985, there are many famously successful individuals I have met and a few are behind this Crypto One venture in different ways and means. So things will be apparent after the Captiva shareholder's vote.
With respect to the GRB PP into PWR, we could have easily had a share for debt approved within days and even now, but the funding was cash so the PP is appropriate. The TSX has issues with related directors doing a PP in two companies. The CSE does not but this is a TSX issue. However, the reason they have not said no is there is an exemption for projects that are in a JV with another, which is the case here. So the TSX is brainstorming their decision and you cannot push them as time is not their concern. If they say no, GRB still gets the 7.3 million new Captiva shares, but without warrants. The warrants are therefore the issue.
Regarding Alberta solar, I certainly know whats going on but until we get permission from Devon we are not releasing anything. He already got bombarded with calls and people in his face months ago after we released pricing, so we are not going to F_CK up Alberta because of wants on this board. Everyone would really like to say things but this is a highly competitive business and loose lips sink ships.
Later
Best
Jeff