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Re: Kflawn post# 764

Monday, 10/22/2018 8:27:16 AM

Monday, October 22, 2018 8:27:16 AM

Post# of 22042
There are 17.2M shares currently issued and outstanding.
This equates to a market cap of 221M USD.

https://www.otcmarkets.com/stock/CWBHF/overview

However, the company and insiders still retain a significant portion of the corporation, equivalent to 75M shares, but they are not currently issued as part of the O/S nor float.
These shares are retained as 188,000 Proportional Voting Shares, which if converted, would convert at 400:1

These shares will likely be held to:
retain control of the company
fund acquisitions and expansions
possible secondary offering at time of NYSE uplist.

On a fully diluted basis, there would be 107M shares, representing a market cap of approx 1.2B USD.


Everything I say is only my opinion, and should not be construed or relied upon as investment advice.

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