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Dennisb68

11/20/18 11:53 AM

#48273 RE: Chaddy #48263

And from OTC Markets,
S-1 filing moves CRUZANI toward lower cost capital for growth. The filing describes an “equity line” in which control over dilution rests with CRUZANI, not with third parties. Equity subscriptions under the S-1 will occur only if CRUZANI requests them. The subscriptions would be at a 15% discount to market, which is less dilutive than Regulation A+ financing or other methods used in the alternative reporting guideline tiers. For an approved S-1 to be implemented, CRUZANI would need to elevate its OTC Markets quotation tier to the QB level and have a minimum trading price of $0.01. These are conditions favourable to shareholders. A possible reverse split referenced in the S-1 is not obligatory. It would only be necessary if we can’t otherwise achieve the required share price, we would like to avoid that. In the event, a reverse was necessary there is a minimum of 40 days public notice. The S-1 filing demonstrates CRUZANI’s commitment to rise to higher trading tiers and to attain more sophisticated investment industry engagement.