Golden Leaf Holding Ltd (GLH)

[wshaw14]

I dont know why you are using 16.62M. There were $12M shares for 30,769,777 shares which works out to .38999 per share. There is also an option for additional shares at .39.

Mr. Saladino has acquired ownership of 30,769,777 common shares of GLH (the "GLHShares"), representing approximately 32.5% of the 94,540,673 issued and outstanding GLH Shares, and 250,000 common share purchase warrants of GLH (the "Warrants"). Each Warrant entitles the holder to purchase one GLH Share at a price of US$0.39 until March 11

The GLH Shares acquired by Mr. Saladino were acquired from the Issuer as payment of the US$12,000,000 (C$16,620,000) portion of the purchase price payable to Mr. Saladino in connection with the Strategic Partnership.

I am not saying this is a bad investment. I am simply saying as a Grey sheet in the USA it will go nowhere. I also would not buy it myself right now at more than .39.

http://finance.yahoo.com/news/peter-saladino-announces-holdings-golden-211346347.html