Looks like July 9th the .30 shares are done the holding period.. Hopefully the manipulation is over
On March 8, 2018, the Company announced that it had closed the first tranche of its $10,500,000 non-brokered private placement (the “Offering”). In connection there with, the Company issued
33,333,333 subscription receipts (each, a “Subscription Receipt”) at a price of $0.30 per Subscription Receipt for gross proceeds of $10,000,000 (the “Offering”). In the event that the Company completes the acquisition of Blockstrain Technology Corp. (the “Transaction”) on or before May 31, 2018 (the “Escrow Release Condition”), then each Subscription Receipt will be
automatically converted, for no additional consideration, into one common share in the capital of
the Company (each, a “Share”)
The Subscription Receipts and any Shares issued upon conversion thereof will be subject to a hold period
expiring four months and one day after the closing of the applicable tranche of the Offering. Cash finder’s
fees will be paid to certain finders following satisfaction of the Escrow Release Condition.
So
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