Post by
Dong68 on Nov 30, 2018 10:46am
why is here
c) $250,000 in common shares of the Company at a deemed price equal to the 10 day weighted average trading price with the first $125,000 due on the closing date and the remaining $125,000 due one year from the closing date;
Comment by
Cashinongreen on Nov 30, 2018 11:02pm
Does make sense. Good find. So now the Sangster's Group will be getting a fair bit more. Assume that the share price escalated 50% to 0.42 (PP was @ 0.275) which I'm sure many of us holders thought/hoped would happen as opposed to declining 50% to 0.14 Difference + 600,000 shares to satisfy $125,000 which is suppose to close tomorrow