Thursday, May 03, 2018 9:32:31 AM
"...the Securities and Exchange Commission registered all common stock shares to be offered and sold by YAII PN, Ltd., which enables substantially less dilution for existing shareholders when compared to convertible transactions or direct loan agreements".
So instead of dumping fresh shares on the market to fund itself, which greatly diminishes stock price, this set up allows for less dilution. Very nice!!!
https://www.prnewswire.com/news-releases/cannabics-pharmaceuticals-announces-collaboration-with-life-source-partners-ceo-muriel-zohar-to-optimize-technology-applications-and-evaluate-new-opportunities-681496381.html
Thanks for sharing Matt! Jim
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