Share Consolidation Share Consolidation
Following discussions with a strategic advisory service the Company has been advised that it should proceed with a share consolidation. The Company will be immediately filing for, and seeking approval of, documents relating to the consolidation of the Company's issued and outstanding share capital with the TSX Venture Exchange.
Who is this strategic advisory service and what is the agreement between them and GEM? Did the board take the advice of a company that has not been engaged by the company yet? What would be the terms of the agreement? Is there a firm committment of funds if the company consolidates the stock?
This seems more fishier than fishycat. Why would you consolidate before having a signed agreement with this advisory firm?
Waiting for the pre-dated agreement now. LMAO.
Gracias.