09:17:19 EDT Sun 24 Mar 2019
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Shell Summary
Symbol C : *MKTSHEL
Recent Sedar Documents

Shell Summary for Feb. 28, 2019

2019-02-28 21:13 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange gained 3.19 points to 623.54 Thursday, ending the month up by a fraction (0.82 point). John Thompson and Azim Dhalla's first capital pool shell, Foremost Ventures Corp. (FMV: halted), plans to acquire a Vancouver software developer, SmartShare Solutions Inc., for the shell's qualifying transaction. The shell will roll back 1 for 2, leaving it with two million shares issued, then issue 14,285,714 shares to its target's shareholders. In connection with this QT, SmartShare plans to raise $350,000, while Foremost Ventures plans to raise at least $1.2-million. Terms for either financing are not yet available.

SmartShare is working on parking management software, called OpenSpot, for use by cities and other parking operators. It is testing OpenSpot with help from the City of Vancouver, the City of Surrey and Telus Corp. (T: $47.80).

SmartShare's chief executive officer and chief operating officer, respectively, are Sam Chandola and Thamer Matar. CEO Chandola refers to himself as "The Showman." In 2012, he got a diploma in entertainment business management from the Vancouver Film School. The following year, he founded a mobile game developer, V2 Games Inc., which last year was acquired by Victory Square Technologies Inc. (VST: $0.35) for an undisclosed amount.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2019 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.