First, that was announced back in April so why repost it now?
Second, if you're going to post old news, post more than just what seems to make it appear to be good news.
Here's the first sentence of the paragraph you left out ......
The Debt Settlement constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101"), as upon completion of the Debt Settlement, an insider of the Company will receive 8,000,000 Common Shares.
Being an insider, Elutiv can issue any number of shares to himself or any insider he cares to for whatever reason he chooses. Just take a look at all the Form 4s he's filed over the years.
Who actually believes that a person not associated with the company would accept shares that can't be sold for less than $.05 if the stock is trading in the low trips? And in danger of having another R/S done before it reaches that level?
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