Past year: ▲ 20%(0.05c – 0.06c USD)
Each one in plain English, with the numbers worked through for a shareholder.
29 Sept 2020capital raising announcement● Neutral
On September 18, 2020 the company hired Boustead Securities as exclusive placement agent for six months from delivery of an offering memorandum (then renewing yearly). Boustead gets 250,000 shares now, plus on any financing or deal an 8% fee and warrants for 8% of shares issued, with the fee applying for two years after the term. The filing does not state any specific raise.
17 Sept 2020capital raising announcement● NeutralMajor
On September 13, 2020 the company signed an equity line with GHS Investments letting it, at its option, sell up to $25,000,000 of stock in portions (max $500,000 each, at least 10 trading days apart), priced at the lowest closing price over the prior 10 days with 120% of the shares delivered, which the filing says is about a 17% effective discount. It issues 150,857 commitment shares and must register the resale shares; sales depend on that registration being effective, so existing holders face dilution if it is used.
6 May 2013capital raising announcement● Neutral
The company settled $43,750 of debt owed to five creditors by issuing 875,000 shares at a deemed $0.05 each; the agreements were dated March 20, 2013 and the shares were issued April 5, 2013. This continues the debt-for-shares settlements from March 2013.
3 May 2013capital raising announcement▲ Good
On May 1, 2013 the company issued 1,000,000 shares at $0.25 each to three non-US investors, raising $250,000.
What it means for a shareholder
1.0m new shares at $0.250 to raise about $250,000. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held $1,000 of shares (4,000 at the issue price), your slice goes from 0.0482% to 0.043% of the company. To keep it you'd need 482 more shares - about $121 at the issue price.
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20 Mar 2013capital raising announcement● NeutralMajor
On March 15, 2013 Green Hygienics settled $368,359 of debts with four creditors (Turon Capital Partners, Bear Creek Gravel, Fairway Mobile Homes and Alita Capital Partners) by issuing 7,367,180 shares at a deemed $0.05 each. This cuts debt but adds shares for existing holders.
8 Feb 2012capital raising announcement● NeutralMajor
Takedown Entertainment agreed to a second convertible loan from Triumph Capital Inc., for up to US$500,000, on the same terms as the 2011 loan: 7.5% interest, due five years from advancement, convertible at 75% of the ten-day average closing bid. The filing text says February 8, 2011 in one place, but the exhibit and report date indicate 2012.
31 Aug 2011capital raising announcement▲ GoodMajor
Peter Wudy, a director and officer, agreed to cancel 30,000,000 of his shares for no cash, leaving him with 30,000,000 shares, about 36.8% of the 81,527,753 shares outstanding. The company also sold 333,333 shares at $0.75 to one non-US investor for $250,000.
What it means for a shareholder
333,333 new shares at $0.750 to raise about $250,000. That's 89% dilution: every existing holder's slice gets 89% smaller. If you held $1,000 of shares (1,333 at the issue price), your slice goes from 3.2% to 0.355% of the company. To keep it you'd need 10,549 more shares - about $7,912 at the issue price.
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18 Aug 2011capital raising announcement● NeutralMajor
Triumph Capital converted its $1,037,500 loan (including interest) into 1,383,333 shares at $0.75, and a separate $108,390 shareholder loan into 144,420 shares at $0.75, so the January 2011 convertible loan is now settled in shares. The company also hired Radius Consulting for investor-awareness work at $2,500 a month for 90 days and announced a new London office to work with European MMA promotions.
8 Feb 2011capital raising announcement● NeutralMajor
The company, now named Takedown Entertainment Inc., agreed on January 31, 2011 to a loan of up to US$1,000,000 from Triumph Capital Inc. The loan pays 7.5% interest, is due five years from advancement, and can be converted into shares at 75% of the ten-day average closing bid price, so repayment in shares could dilute existing holders.
