Sunvault Energy Inc (SVLT)

[Subnero]

Does anyone have an idea of what will happen with the shares for Canadian holders? We can't do anything with them because there's a CTO still standing. My understanding is this means there will be no option to swap the shares for all canadian holders because they can't be moved.

Additionally, maybe I'm missing something, because I keep seeing talk about Edison and Sunvault as two different companies. Didn't Sunvault create Edison? I always thought they were the exact same thing. Any clarification would be helpful.


http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10877027-1061-369131&type=sect&TabIndex=2&dcn=0001477932-15-005518&nav=1&src=Yahoo

"Future Business Operating Segments

Our Company has developed privately held independent incubation companies to begin to enter into areas of cash flow that can be added to Sunvault’s group of companies by acquisition as we mature these companies forward. The companies are as follows:

1.
Edison Power Company – with domains – Edison Power Corp .com, Edison Power Corp.ca, Edisonpower.ca – Edison Power Company is being launched to sell power into deregulated power markets in North America.
2.
Aboriginal Power Corp – with domains – Aboriginal Power Corp.com, Aboriginal Power Corp.ca and apcorp.ca. Aboriginal Power will sell power and natural gas and other services into the aboriginal marketplace.
3.
Edison Battery – As the Company develops its energy storage device – Edison Battery is an excellent brand for the product."

This was from August 2015. I look forward to any thoughts or feedback.

Thanks