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Ann: Investment in MediPharm Labs Inc, page-29

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  1. 1,953 Posts.
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    Great sleuthing @COD. Makes more sense now, public listing perhaps later in the year. After consolidation etc. where does that leave MMJ? Approx. 4.2 million? It’ll be a tight register.

    “Based upon the number of issued and outstanding shares in each of POCML and MediPharm on the date hereof, upon completion of the Consolidation, Transaction and the Offering (assuming that it is fully subscribed), it is expected that the Resulting Issuer will have approximately 87,659,777 POCML Post-Consolidation Shares issued and outstanding (non-diluted), of which the current shareholders of POCML will hold 5,000,000 POCML Post-Consolidation Shares representing approximately 5.7%, the former shareholders of MediPharm will hold 65,009,777 POCML Post-Consolidation Shares representing approximately 74.2% (assuming no exercise of any convertible securities of POCML prior to closing), and the purchasers under the Offering will hold 17,650,000 POCML Post-Consolidation Shares representing approximately 20.1%.”
 
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