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by Stockwatch Business Reporter

The TSX Venture Exchange gained 5.13 points to 624.34 Thursday. John Travaglini's first capital pool shell, Platform Eight Capital Corp. (PEC: halted), has cancelled its acquisition of Rishi Gautam's licensed marijuana producer, GrowForce Holdings Inc. Platform Eight will receive 335,937 shares of GrowForce as a break fee. Now that the shell has no qualifying transaction in progress, it has requested that its stock resume trading.

Mr. Gautam has a new plan for GrowForce. Before we discuss the new plan, we shall discuss Mr. Gautam, 35, an accountant in Miami. He is GrowForce's chairman and chief executive officer. He received his accounting degree in 2005, after which he spent two years as an analyst with Goldman Sachs & Co. LLC, followed by one year with Lehman Brothers Inc. and then one year with Lehman's acquirer, Barclays Capital Inc. From February, 2010, to April, 2018, Mr. Gautam was the chief financial and compliance officer of Berylian Capital LLC (also known as Pragma Strategies), an investment advisory firm in Miami.

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