Will be interesting to watch the price action this morning.
Good to have $35k a month coming in, but its only $35k a month. Is it worth 370 mill VIL?
Thought this may be worthy of a trading halt?
Regards,
TCG
Verus will issue approximately 370 million shares to Pass shareholders based on a merger ratio of 65%/35% (VIL:PPPL) at final closing; Pass may nominate one director to the Board of Verus; The merger is subject to the approval of shareholders of both Verus and Pass; A break fee of $500,0000 is payable (in shares) if either party fails to complete the transaction; and Subject to satisfactory final due diligence investigations.
VIL Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held