OTCPK:RDLCF - Post by User
Comment by
Possibleidiot01on Apr 14, 2022 7:31am
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Post# 34602936
RE:Call the Cops robbery in progress
RE:Call the Cops robbery in progressunder which Aviat will acquire all outstanding shares of Redline for CAD$0.90 per common share (approximately USD$0.71 per share), in an all-cash transaction (the "Transaction") valued at approximately CAD $16.2 million (approximately USD$12.9 million ).
Using the company's cash -$10.1 million and inventory - $4 million.
There's a pattern here .
Chairman of the Board
involved in the sale of Photon Control earlier this year and currently the sale of Nanotech Security (NTS) which is up for a vote soon.