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Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.


TSXV:PLAN - Post by User

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  • 15StanmoreX
Comment by 15Stanmoreon Dec 15, 2024 9:50pm
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Post# 36363512

RE:RE:Growth of PLAN core business volume to $40m

RE:RE:Growth of PLAN core business volume to $40mHello winnerswing. I am looking forward to examining the shareholder register which is available to all shareholders for viewing at the AGM in January 2025. It will be interesting to learn statistics behind the ownership of the 109,761,943 PLAN shares on the November 15, 2024 record date. 

We do know that Mr. Richardson holds (or controls indirectly) 27,533,449 shares or about 25.1% - with no other single shareholder owning more than 10,976,194 shares (or 10% of the issued and outstanding). Our CEO Steve Harpur holds 2,355,355, and board members Suzanne Davis-Hall holds 277,033 and Randall Gue holds 80,000.

My guess is we will find a handful of shareholders with between 5 million and the 10% cap (where public disclosure is required), then a larger number in the 1 million to 5 million range. The number of individual shareholder with more than $100,000 invested (500,000 + shares) will still be a relative small minority against those who hold less than 500,000 shares.

I am also interested to learn the geographic distribution of PLAN owners (Canada versus US and International) and provincially across Canada. All this gives one a  better appreciation of the trading dynamics for this particular company.
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