81vette
3年前
ss 01/31/22 Market Cap 104,257,676
Outstanding Shares 375,500,362
Restricted 18,564,406 Unrestricted 356,935,956
Held at DTC 6,822,753
Float 143,972,523 12/01/2020
81vette
3年前
huge merger done,could explain yesterdays volume,PowerTap is
announcing that pursuant to the purchase agreement entered into on July 26, 2021 to acquire 49% of AES (the "Purchase Agreement") and announced on July 27, 2021, the Company has issued on January 31, 2022 an additional 20,000,000 common shares at a deemed value of $0.50 per common share to the selling shareholders of AES-100 Inc. on a pro-rata basis in exchange for a 49% equity interest in AES-100 Inc. The issuance of these additional common shares is the final payment by the Company under the Purchase Agreement for its 49% interest in AES. The acquisition of AES is an arm's length transaction and the common shares are subject to a four month and one day hold period from the date of issuance and are subject to the Neo Exchange’s acceptance of final filing documents.
this deal brings product to market,no lack of investors when product is in hand,not on paper!!