RE:RE:Fidelity??the NR said
the Company has retained Red Cloud Securities Inc. (“RCSI”) to provide market stabilization and liquidity of the Company’s shares listed on the TSX Venture Exchange, subject to regulatory approval. RCSI will receive $5,000 per month for their services which may be terminated with thirty-day notice. There are no additional performance factors, shares, or options offered as compensation. RCSI is arm’s length and independent of the Company.
buying over a million shares and still counting would seem to be a large commitment for making $5000/month with a 30 day cancelation clause. Doesn't make a lot of sense to me. But open to other interpretations.