18:10:40 EDT Thu 21 Jun 2018
Enter Symbol
or Name
USA
CA



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

Shell Summary for June 8, 2018

2018-06-08 20:37 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 lost a fraction to 775.22 Friday, but it ended the week up 9.28 points. Paul Kelly's first capital pool shell, Corporate Catalyst Acquisition Inc. (CII: halted), has submitted a filing statement for its qualifying transaction: It is acquiring Anthony Lacavera's Globalive Technology Partners Inc. The shell will roll back 1 for 6.66, leaving it with 723,789 shares issued, then issue 135,812,422 to its target's shareholders and debenture holders. The parties expect to close the QT on Monday.

Globalive invests in, or forms joint ventures with, tech start-ups. It is focusing on trendy companies that are using artificial intelligence, blockchain technology and the Internet of things. Globalive holds a 32-per-cent interest in Greg D'Alba's VIDL News Corp., which is using AI and blockchain technology to develop a system for weeding out fake news articles before they get distributed on-line. Mr. D'Alba has another job: He is the president of digital ad sales and marketing for CNN News Networks. Globalive also holds a 10.49-per-cent interest in Eigen Innovations Inc., which is working on a way to use AI and blockchain technology to make cars.

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

© 2018 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.