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Symbol C : *MKTSHEL
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Shell Summary for Dec. 5, 2018

2018-12-05 20:06 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange fell 9.02 points to 563.11 Wednesday. Mark Kohler has filed a preliminary prospectus to list his first capital pool shell, Exelerate Health Inc. It plans to sell a $300,000 initial public offering at 10 cents through Haywood Securities Inc. Mr. Kohler, 54, is an accountant in Toronto. He holds 1.4 million of the shell's 6.19 million escrow shares. Exelerate Health sold its escrow shares at five cents between June and August.

Mr. Kohler was a senior manager with Ernst & Young LLP from 1987 to 1995. He has since been a director or officer of 15 or so public and private companies, including several software developers. From 2011 to 2016, he was a director of QHR Corp., a medical record-keeping software developer that is now a part of Loblaw Companies Ltd. (L: $62.07). From 2013 to 2015, Mr. Kohler was also the chairman of Community Trust Co., a mortgage lending firm in Mississauga. More recently, from October, 2016, to March, 2018, Mr. Kohler was a director of Bewhere Holdings Inc. (BEW: $0.195), a maker of remote sensors for goods in transit, not just tracking their location but also monitoring environmental conditions like temperature.

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