Post by
EDMINNEMA on Nov 04, 2020 12:21pm
Im back in for the simple reason re the paragraph below
Pursuant to the Offering, Australian Consolidated Venture Capital Pty Ltd. ("ACVC") acquired an aggregate of 3,000,000 Common Shares. Prior to the completion of the Offering, ACVC held an aggregate of 900,000 Common Shares, representing approximately 9.83% of the issued and outstanding Common Shares on a non-diluted basis. Upon completion of the Offering and the Debt Settlement (defined below), ACVC beneficially owns and controls, an aggregate of 3,900,000 Common Shares, representing approximately 29.31% of the issued and outstanding Common Shares on a non-diluted basis.
Now why would any entity hold nearly a third of PLAY, because something must be going to happen, and if it does, second level is so scary thin. Giddy up