Share count adjustment
posted on
Jun 23, 2016 08:42AM
From the BB Photonics purchase news release today there is 1,996,090 shares issued. Does the share count adjustment of 2,000,000 shares have any correlation somehow with the shares issued for the BBP purchase ? Could there have been an issue with how the issued shares were reported? .......,,,,,,...... "POET acquired 100% of the shares of BB Photonics in consideration of the issuance of 1,996,090 common shares from POET’s treasury for a total deemed purchase price of US $1,550,000 in this stock only transaction, based on a price of the US equivalent of $1.00 per share.......... Crzyhors