Flow Capital Corp (FW.V) (fka fw.v)

[Buckey]

NEWS AFTER CLOSE THE DAY BEFORE EX DATE CHANGED THE ROUND UP TO CASH OUT LOL OH WELL

ORIGANL NEWS AND SAME AS DAILY LIST

2020-06-05 19:55 AT - Rollback
Shares issued 77,694,674
FW Close 2020-06-05 C$ 0.12

Pursuant to a special resolution passed by shareholders on May 26, 2020, the company will complete a share consolidation and subsequent stock split. The company will consolidate its common shares on a one-new-for-25,000-old basis. All fractional share positions resulting from the consolidation will be rounded to the nearest whole share. For small shareholder arrangements, please refer to the company's information circular dated April 20, 2020. Immediately after the consolidation has taken effect, the company's common shares will be subdivided on a 12,500-new-for-one-old basis. The name of the company has not been changed.

THEN

2020-06-08 21:11 AT - News Release
Shares issued 77,694,674
FW Close 2020-06-08 C$ 0.12

Mr. Alex Baluta reports

FLOW ANNOUNCES PROPOSED CONSOLIDATION AND SUBDIVISION

Flow Capital Corp. has received all necessary approvals for its previously announced consolidation of the common shares of the company on a one-for-25,000 basis and subsequent immediate subdivision of the common shares on a 12,500-for-one basis.

At the effective time of the Consolidation, the Common Shares will be consolidated at a ratio of 25,000 pre-Consolidation Common Shares for every 1 post-Consolidation Common Share, and thereupon any holder of less than 1 post-Consolidation Common Share will cease to hold Common Shares and will be entitled to be paid cash consideration equal to that number of pre-Consolidation Common Shares held by the holder multiplied by an amount equal to the volume weighted average trading price of the Common Shares for the ten trading days immediately preceding the date of the Consolidation, rounded down to the nearest whole cent. Immediately following the completion of the Consolidation, the post-Consolidation Common Shares will be subdivided on the basis of 12,500 post-Subdivision Common Shares for each 1 pre-Subdivision (post-Consolidation) Common Share.