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Bullboard - Stock Discussion Forum iSIGN Media Solutions Inc V.ISD.H

Alternate Symbol(s):  ISDSF

iSIGN Media Solutions Inc. is a Canada-based infrastructure-focused, software-as-a-service (SaaS) company. The Company is engaged in providing proximity-centric location services. It specializes in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth and Wi-Fi connectivity in complete privacy. Its licensed Passive Historical Aggregate Contact Tracing ... see more

TSXV:ISD.H - Post Discussion

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Post by NSX001 on Feb 03, 2021 9:31am

One World?

I'm a little confused about this deal with One World. These people are investing $6.9 million for 138 million shares @ 0.05 + another $10.35 miliion for another 138 million shares at a later time @ 0.075. They would be investing approx. $17 million for roughly 60% of iSign. This gives them control yes, but not ownership.

If they had offered $0.10/share when the share price was at $0.05, (I believe they would have succeeded) they would have bought out iSign for approx. $15 million for 100% of iSign.

I'm no rocket scientist, but even I can figure out that this is nuts. This just does'nt add up.

Anybody else see the lunacy of this?

NSX001
Comment by Goldbricks on Feb 03, 2021 9:51am
This post has been removed in accordance with Community Policy
Comment by NSX001 on Feb 03, 2021 9:54am
Also, keep in mind that once this deal is completed, there are going to be 428 miliion shares outstanding. I can see a reverse split of 1 for 10 shares in the very near future. NSX001
Comment by Goldbricks on Feb 03, 2021 9:57am
This post has been removed in accordance with Community Policy
Comment by Goldbricks on Feb 03, 2021 10:00am
This post has been removed in accordance with Community Policy
Comment by frewil11 on Feb 03, 2021 10:26am
You can take control but you can't just own a public company without an offer to the existing share holders and they have to accept .
Comment by NSX001 on Feb 03, 2021 10:38am
Hi frewil11, If they'ed offered $0.10/share when the stock was trading @ $0.05, they would have probably picked them all up. At the very least, all they needed was 90%, which would force the rest to accept the same offer. But that's history now, the offer has been made, and it looks like a done deal. NSX001
Comment by frewil11 on Feb 03, 2021 10:45am
Something like this had to be put together to get this tech out , after more than ten years and not one deal signed it had to be done.
Comment by GastownGuy on Feb 03, 2021 11:23am
please post any information about this one world company. tia
Comment by NSX001 on Feb 03, 2021 11:39am
Hi GastownGuy, Pick your choice from below, it could be any one of those. But keep in mind that the release refered to; One World Smart Solutions Holding Corp. https://canada.hkcorporationsearch.com/companies/bribgbdg/#google_vignette https://www.medicaldevices1.com/medical-device-suppliers/foxmeyerppe https://www.oneworldholdings.org/en/ NSX001
Comment by Jingo99 on Feb 03, 2021 12:32pm
I'd be voting for this irregardless of dilution.  we need to replace kozar as ceo and bring in  new management people.  this company needs money to kill all those debentures and loans which is a part of the stated use of funds.  and their talking of public relations and investor relations to promote the company and the stock. Looks to me like isign is going to start being ...more  
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