Avisa Diagnostics Inc FOGCF

1 SHARE FOR EVERY 15 YOU HAVE OF NEW COMPANY .

[frewil11]

The Consolidation

Immediately prior to the completion of the Transaction, it is a condition that the Company consolidate its issued and outstanding share capital on the basis of fifteen (15) pre-consolidation FogChain Shares for one (1) post-consolidation FogChain Share (the " Consolidation "). The FogChain Shares to be issued to Avisa in connection with the Transaction will be issued on a post-Consolidation basis.

The FogChain Shares issued in connection with the Transaction may be subject to escrow conditions and/or resale restrictions as required by applicable securities laws and the policies of the CSE.

[Diomio]

78mil shares will be 5.2mil shares after the consolidation. so the stock price should open at 0.055 x .15 = .82 cents but if they open with crazy news, covid testing machine.. might be 2$ who knows

[420sleep]

If there ends up only being 5-6 million shares there will be no liquidity!  Wouldn't be surprised if they try to do a PP at that point. 

[Diomio]

plus the 33,263,123 common shares and 14,825,786 restricted voting shares in the capital of the Company (the " FogChain Shares ") on a post-Consolidation so prolly 40mil shares outstanding