TSXV:RLV.H - Post by User
Comment by
AlwaysSkepticalon Oct 27, 2021 5:58pm
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Post# 34056523
RE:RE:Shares fort debt..............
RE:RE:Shares fort debt.............. You are SPOT ON Chas...the only question is when the clock started?
I wonder if the actual date of issuance is June 10th, then the hold period (4 months plus 1 day from date of ISSUANCE, not completion) would end October 11th...I think they're already starting to liquidate, thus the share price will go lower than 1 cent as 122 million shares go on the selling block.
And...interesting to note Relevium was never "pleased to announce payment of $364,111 owed to AIP no later than August 1st"...did they fail to repay there?? Is that what's holding up Audoted Financials over two months??
Oh, the intrigue of all the failures with RLV...hard to keep up! To ZERO we go!
Chas15 wrote: Ding ding ding, we have a winner. That is exactly what occurred. They took shares instead of getting nothing. Another 12 weeks and then they can start dumping to recover some $$.