Post by
gettin2 on May 01, 2015 7:34pm
is this correct
294,690,110 Resulting Issuer Shares will be outstanding, and approximately 183,956,844 Resulting Issuer Shares will be reserved for issuance pursuant to convertible securities of the Resulting Issuer.
So nearly 470 million shares in total
Comment by
NaturalNine on May 01, 2015 9:06pm
Take a look at their management information circular on sedar. Seems to indicate they will consolidate 20:1. Can anyone better versed at these confirm? Would make sense to me 400m is a lot. 20m makes way better sense.
Comment by
ForesstGump on May 02, 2015 7:13am
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Comment by
thedave2006 on May 02, 2015 7:27am
when? before it IPOs or afterwards? cheers, dave.
Comment by
ForesstGump on May 02, 2015 8:04am
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Comment by
NaturalNine on May 02, 2015 11:45am
They will vote at shareholders meeting on May 22. See if it passes and what ratio they consolidate at.