Posted On: 11/07/2016 4:42:16 PM
Post# of 876
The following could provide the required financing but since Decision-Zone Inc. is a privately held cyber-security software company I have no way to assess the likelihood or imminency of the sale of such company
see the Apr 19 8k for more info
from the 10Q:
On April 19, 2016, Wolverine entered into a Share Purchase Agreement with our Director, David Chalk, pursuant to which we have agreed to issue in a private placement 400,000,000 shares of our common stock of the in consideration for one-third of the net proceeds that Mr. Chalk may realize from the sale of Mr. Chalk’s 15% equity interest in Decision-Zone Inc., a privately held cyber-security software company based in Ontario, Canada. The Agreement is subject to our Company increasing its authorized capital to allow for the issuance of the consideration shares. At October 17, 2016, the agreement has not yet closed.
see the Apr 19 8k for more info
from the 10Q:
On April 19, 2016, Wolverine entered into a Share Purchase Agreement with our Director, David Chalk, pursuant to which we have agreed to issue in a private placement 400,000,000 shares of our common stock of the in consideration for one-third of the net proceeds that Mr. Chalk may realize from the sale of Mr. Chalk’s 15% equity interest in Decision-Zone Inc., a privately held cyber-security software company based in Ontario, Canada. The Agreement is subject to our Company increasing its authorized capital to allow for the issuance of the consideration shares. At October 17, 2016, the agreement has not yet closed.
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