Tuesday, June 06, 2017 3:17:13 AM
LLBO owns 12,670,000 shares of Cyrcadia
Relation LLBO vs Cyrcadia
In 2012 LLBO founded an affiliate: Cyrcadia. For doing that it retrieved 8M shares Cyrcadia (note 7 of annual report) and 5% of the first 50M revenues and 3% of the rest (extra). So LLBO became in essence stockholder of Cyrcadia.
Also stated that 8M =33% of ongoing shares Cyrcadia (note 12) so OS Cyrcadia= 24M
For patents transfer LLBO retrieves 4,67M shares Cyrcadia (note 12) so
OS Cyrcadia =28,67M and
LLBO owns 12,67M shares Cyrcadia
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=168393
In stockholder meeting Cyrcadia stated that they are raising 6,5M extra shares: then
OS Cyrcadia = 35,17M
Total LLBO 12,67M shares of 35,17M os Cyrcadia =36%
(Asia deal: maybe (!!) no necessary raise of 6,5M then
OS Cyrcadia = 28,67
Then total LLBO would be 44% (but this is speculative))
http://www.prweb.com/releases/2017/04/prweb14273437.htm
So if LLBO has 12.670.000 shares Cyrcadia
If pps Cyrcadia =$1 (series A raise)
then pps LLBO = 0.0040
Cyrcadia is going to rise the pps to $ 2,50 then pps LLBO = 0,0100
After publishing of the results of the trials, after FDA clearance and marketing the ITBra, pps will rise enormously if successful.
https://clinicaltrials.gov/ct2/show/NCT02511301?term=Cyrcadia&rank=1
Entry US market early 2018
see 2.31 from the video q&a
http://losangeles.cbslocal.com/video/3677532-developer-of-bra-that-can-detect-breast-cancer-early-discusses-documentary-detected/
500.000 anticipated orders in 2017
still going for that Italian castle...????????
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM