Post by
tomskis72 on Jan 10, 2021 6:20pm
Management Information Circular
Looks like trading may resume on January 13th.
Meeting to be held January 22 to approve among other amendments:
1) issuing 162.6 million shares (including nonvoting shares) to acquire Voxtur including Brightline Title and $18.4 million US in cash
2) name change to Voxtur Analytics Corp
3) Restricted Share Units
The Management Information Circular does not provide any information on the sales, profits, EBITDA, or debt of Voxtur. How remarkable, that they expect shareholders to approve such a large acquisition with no financial information whatsoever. Albertelli, the majority owner and his seconder will assume the role of CEO and CFO of the US operation, which in this case will likely represent 90%? of the combined company.
Does anyone have any idea of the size and profitability of VoxturTechnologies?
I will call the company first thing Monday.
Comment by
Priority on Jan 16, 2021 6:23am
After reading last ER and guidance, honestly speaking, I would be more concerned about the moratory in evictions than any other thing right now.