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Monday, September 18, 2017 4:50:34 PM
Acana Capital Corp. (CSE: ACM.CN), listed on the Canadian Stok Exchange, under the ticker 'ACM', announced after the market close last Friday that, "Acana Capital Corp. has entered into a letter of intent (LOI) with Blockchain Technology Group Inc., doing business as Blockchain Intelligence Group (BIG). The LOI contemplates a business combination transaction, pursuant to which Acana will acquire all of the issued and outstanding common shares of BIG in exchange for 27 million post consolidated common shares of Acana plus the issuance of 1,612,500 incentive stock options, 3,579,089 share purchase warrants and the issuance of up to 13 million performance warrants exercisable upon BIG meeting certain fiscal metrics following the closing of the acquisition. The acquisition is an arm's-length transaction and is expected to constitute a fundamental change under the policies of the Canadian Securities Exchange (CSE).
Something else to sink your teeth into BITCF is trading again. But without mm's. Now this is my own thought on this, but wouldn't that take out the manipulations with mms? Also wouldn't that explain that their blockchain is working to its full capacity, correct me if i'm wrong, but blockchains are supposed to cut out the middle man, and mms are sort of like the middle man for buying and selling shares.
I didn't have anything in the company(BITCF) but I watched it go for the subs to a 1$ in like 3 weeks time. I shoulda got in got out, but anyway. As some of you know how blockchains work, some of you don't. (BITCF) has a exchange platform called coinqx.com. So if someone could please help with anything that they have discovered.
And glta great close today here with BTCS should see a bounce this week. Hopefully.
Recent BTCS News
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