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Bullboard - Stock Discussion Forum Hiku Brands Company Ltd. DJACF

"Hiku Brands Company Ltd, formerly knwon as DOJA Cannabis Co Ltd is engaged in handcrafted cannabis production and building a portfolio of iconic, engaging cannabis lifestyle brands. Its cannabis brands include DOJA, Tokyo Smoke, and Van der Pop."

OTCPK:DJACF - Post Discussion

Hiku Brands Company Ltd. > Massive dilution?
View:
Post by theEHteam on Dec 05, 2017 6:31pm

Massive dilution?

From Nov. 29th news report. Can someone explain? Are they actually going to have a float of over 700 million shares?

"This, regarding DOJA, sounds like it hasn’t happened yet...
The Company also announces that it has agreed to issue an aggregate of 674,666
common shares in the capital of the Company (the " Common Shares ") to two of
the Company's creditors in satisfaction of certain debt obligations. The
issuance of the Common Shares in satisfaction of the debt is subject to the
receipt of all requisite approvals, including, without limitation, the
approval of the Canadian Securities Exchange."
Comment by theEHteam on Dec 05, 2017 7:14pm
Ugh. I meant 700 thousand shares trading, not 700 million. Oops.  Serious question, just looking for any insight. 
Comment by dela90 on Dec 06, 2017 4:08am
Short answer: no. This dilution is basically nothing. Relax.