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Bullboard - Stock Discussion Forum Advantagewon Oil Corp ANTGF

Advantagewon Oil Corporation is a Canada-based company. The Company is focused on delivering cost-effective power solutions, which is a core element of Starvolt Power Inc. (StarVolt) solar skin technology, with a rejuvenated focus on StarVolt’s line of New Energy Vehicles (NEVs) and sustainable mobility networks. Starvolt is an energy solution technology company. The Company’s subsidiaries... see more

GREY:ANTGF - Post Discussion

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Comment by fugazzi123 on Jul 08, 2020 3:44pm

RE:RE:RE:RE:Some news

GenHandgrenade wrote: Looks like AOC management is positioning the company for the future. I expect AOC will issue the shares to Ground Star for the 335K at .05 per share. As I understand it thats the minimum share can be issue at without special permission from the exchange. 30 million in tax write off for 7 million AOC shares no wonder the .005 shares were snapped up. 



Before consolidating at a 20:1 R/S should this not be compleated first? does the share price have to be trading at .05 for this all share deal to be accepted by the exchange?
Comment by GenHandgrenade on Jul 08, 2020 4:59pm
It is possible to consolidate before completing the transaction I believe. The shares issuable would be calculated at the .05 rate and consolidated at the applicable rate. So if it was 10 for 1 then the 10 .05 cent shares would become 1 .50 cent share.  Ofcourse all this is just speculation that consolidation talk has sparked the selloff. It may be something else entirely. You would think ...more  
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