RE:over 100 million shares free trading JAN 30 /23 .27 cents Nobody like dillution but you left out some important info:
"Certain insiders of the corporation have subscribed for an aggregate 19,775,588 subscription receipts under the offering for gross proceeds of approximately $5.3-million."
"Hawke's Point Holdings II purchased 18,518,518 subscription receipts for aggregate gross proceeds of approximately $5-million....the investor rights agreement will provide Hawke's Point with: (i) the right to designate one director for appointment to the board of directors of Magna; (ii) the right to appoint a member to a technical steering committee to be formed by Magna; (iii) certain consultation rights, which include providing Hawke's Point with reasonable access to senior management and considering certain recommendations made by Hawke's Point."