How to buy a house in Vancouver IR said houses are expensive in one of the most expensive markets in the World.
Here's How It Is Done by an Anonymous Director:
First, you form a private Co.
Next, you look for a dormant zombie Co listed on TSX-V as a quick way to gain listing.
Then, you acquired that listed Shell Co with your private Co. via a reverse takeover.
After which, you do a Rollback and PP at $0.30.
Next, you renamed it to one you called Africa Energy or something with land holdings of prospective but unproven oil in the ground.
Then, you get your Co to merge into another listed Oil Co you controlled with shale oil in Mexico and some oil concessions in Botswana.
In aggregate, you got 30 million shares at 4 cents.
Next, you got rid of 20 million shares at prices from 40 cents and up from 2019.
The Co subsequently raised about $100 million in total from two PP's.
Finally, you were left with 10 million shares about a year ago. You now owned only 4.5 million shares plus options and warrants after selling down at $6.00 and up.
Conclusion:
It is estimated you have at least $30 million dollars from the sale of stock. Presumably, you are a foreigner but hold a permanent resident status, you are,therefore, not subject to paying the 20 percent Foreign Buyer's Tax. You can now afford to look for a house in one of the most expensive markets in the world.
Notice to reader: The above is merely conjecture. No reliance shall be placed for its accuracy or fact.