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Shell Summary for April 23, 2020

2020-04-23 20:42 ET - Market Summary

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by Stockwatch Business Reporter

The TSX Venture Exchange closed up 3.92 points to 456.51 Thursday. Livio Susin's first capital pool shell, Navion Capital Inc. (NAVN: halted), plans to acquire Daizee Diapers Corp. for the shell's qualifying transaction. The shell, which has four million shares issued, will issue 9,663,336 shares to its target's shareholders.

Daizee was formed in October, 2018, in Vancouver. It has a patented product called the Hybrid Diaper, which is made up of two parts: a disposable insert and a reusable, washable, biodegradable/compostable diaper shell. Clearly marketing to the green crowd, Daizee's goal is to reduce the volume of disposable diaper materials in landfills. It notes that the only disposable part of its Hybrid Diaper is the insert, which parents may use together with the Hybrid Diaper shell or even with a regular disposable diaper or a cloth diaper. The regular disposable diaper or cloth diaper could then be reused "multiple" times, according to Daizee.

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compostable HUMAN excrement!!! no wonder coronavirus around. Because it was found to be true, HUMAN excrement CANNOT be used for composting, fertilizer.... loonies

Posted by what at 2020-04-24 13:06