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Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. The Company has geographical areas in the Netherlands, Canada and the United States. The Company’s subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., Red Light Holland (Subco 2) Inc., SR Wholesale B.V., Red Light Acquisition Inc., Radix Motion Inc. and others. SR Wholesale B.V. is specialized in the selection, distribution and export of products, such as Truffles, cannabidiol (CBD) products, cannabis seeds, smartshop items, headshop products, growshop goods and cannabis bake house muffins, cookies and cakes. Radix Motion Inc. is a technology and innovation company focused on empowering the psychedelic ecosystem with embodied technology.


CSE:TRIP - Post by User

Comment by SamRothsteinon Jun 22, 2021 9:40am
95 Views
Post# 33426420

RE:RE:RE:467 Million new shares, not 1.5 Billion as some have claimed

RE:RE:RE:467 Million new shares, not 1.5 Billion as some have claimedYes we would add the existing TRIP shares to the new 467 Million shares for the new total. And that total does not mean a reverse split would happen 100%.   My guess is they do at least one more deal first, but eventually they will want to right-size the amount of shares oustanding.   And again, a reverse split isn't bad if it is for good reason, namely to rightsize the amount of shares, and not some desperate move to retain a listing or crawl out from under $.10 cent share price.  GE just decided to do reverse split because they have over 8 billions shares.  

Tdubbbs wrote: but then do we add the 226M shares of TRIP on to that?...thats a ton of shares...reverse split would happen 100%


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