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Bullboard - Stock Discussion Forum Voxtur Analytics Corp V.VXTR

Alternate Symbol(s):  VXTRF

Voxtur Analytics Corp. is a real estate technology company. It offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Its proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize... see more

TSXV:VXTR - Post Discussion

Voxtur Analytics Corp > Management Information Circular
View:
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 bigreturn11 on Jan 10, 2021 6:36pm
Tomskis - the details of the acquisitions are expected to be released on Jan 13 as per their last news release "A comprehensive press release prepared in accordance with the policies of the TSX Venture Exchange (“TSXV”) is expected to be issued on or before January 13, 2021 to facilitate the resumption of trading of the common shares (“Shares”) of ILA on the TSXV." It sounds like ...more  
Comment by snootchybootchy on Jan 15, 2021 3:10am
I've received the circular too.  Where is the press release?  How are we expected to vote without knowing the full details of this transaction? This one seems on surface to be to the Pediapharm transaction in which Pediapharm "acquired" the much bigger Medac Pharma and is now known as Medexus. The stock did nothing for 18 months but drift downwards but now the company is ...more  
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.
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