Grey Matters Health Inc (AGNPF)

[shell3]

It’s not a done deal

Just LOI (Letter Of Intent)

Breathtec to Open New Drug Development Division, Signs LOI to acquire 100% of Clinical Stage Nash Pharmaceuticals Inc.

I haven’t looked but believe the A2 or bylaws of BreathTec states a majority is needed for any such Deal and once Filed as a done Deal - They need to show 51% Hold decided this was the right move

Pursuant to the LOI, the Company will enter into a definitive agreement whereby the Company, prior to the closing of the transaction, will complete a consolidation of its securities on a 2-to-1 basis. This will result in the Company having 28,682,012 common shares, 6,005,833 outstanding warrants and 2,147,500 outstanding options.

Kind of a double edge sword - Those that buy the Warrants or Options to gain 51% will be double the cost afterwards but only half the Shares and all above today’s share price before the Split but also will be the NASH Investors which can offset the cost -

I bet they don’t own 51% and will have to prove they do - They need Shares - so scare folks - JMO