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Acreage Holdings, Inc. – ‘40FR12G’ on 1/29/19 – ‘EX-99.11’

On:  Tuesday, 1/29/19, at 4:48pm ET   ·   Accession #:  1279569-19-165   ·   File #:  0-56021

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 1/29/19  Acreage Holdings, Inc.            40FR12G               75:23M                                    CNW Group Ltd/FA

Registration of Securities of a Canadian Issuer — SEA’34 §12(g)   —   Form 40-F
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40FR12G     Form 40-F 12G                                       HTML     84K 
 2: EX-99.1     Consolidated Financial Statements for the Fiscal    HTML    147K 
                          Years Ended August 31, 2018 and 2017                   
11: EX-99.10    Unaudited Interim Consolidated Financial            HTML     98K 
                          Statements for the Three Month Period                  
                          Ended November 30, 2017                                
12: EX-99.11    Management Discussion and Analysis of Financial     HTML     77K 
                          Conditions and Results of Operations for               
                          the Three Month Periods Ended November                 
                          30, 2017 and 2016                                      
13: EX-99.12    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by CEO Dated                  
                          January 29, 2018                                       
14: EX-99.13    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by Acting CFO                 
                          Dated January 29, 2018                                 
15: EX-99.14    Unaudited Interim Consolidated Financial            HTML     98K 
                          Statements for the Six Month Period                    
                          Ended February 28, 2018                                
16: EX-99.15    Management Discussion and Analysis of Financial     HTML     79K 
                          Conditions and Results of Operations for               
                          the Six Month Periods Ended February 28,               
                          2018 and 2017                                          
17: EX-99.16    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by CEO Dated                  
                          April 24, 2018                                         
18: EX-99.17    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by Acting CFO                 
                          Dated April 24, 2018                                   
19: EX-99.18    News Release Dated May 28, 2018                     HTML     26K 
20: EX-99.19    Unaudited Interim Consolidated Financial            HTML     98K 
                          Statements for the Nine Month Period                   
                          Ended May 31, 2018                                     
 3: EX-99.2     Management Discussion and Analysis of Financial     HTML     73K 
                          Conditions and Results of Operations for               
                          the Fiscal Years Ended August 31, 2018                 
                          and 2017                                               
21: EX-99.20    Management Discussion and Analysis of Financial     HTML     79K 
                          Conditions and Results of Operations for               
                          the Nine Month Periods Ended May 31,                   
                          2018 and 2017                                          
22: EX-99.21    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by CEO Dated                  
                          July 24, 2018                                          
23: EX-99.22    Certification of Unaudited Interim Filings Venture  HTML     22K 
                          Issuer Basic Certificate by Acting CFO                 
                          Dated July 24, 2018                                    
24: EX-99.23    Notice of Meeting and Record Date Dated July 31,    HTML     33K 
                          2018                                                   
25: EX-99.24    Notice of Meeting and Record Date Dated September   HTML     32K 
                          19, 2018                                               
26: EX-99.25    News Release Dated September 21, 2018               HTML     54K 
27: EX-99.26    Material Change Report Dated October 1, 2018        HTML     40K 
28: EX-99.27    Lock-Up Agreement Dated September 21, 2018          HTML     70K 
29: EX-99.28    Business Combination Agreement Dated September 21,  HTML   1.04M 
                          2018                                                   
30: EX-99.29    Certification of Proxy-Related Materials Dated      HTML     27K 
                          September 21, 2018                                     
 4: EX-99.3     Certification of Annual Filings Venture Issuer      HTML     32K 
                          Basic Certificate by CEO Dated October                 
                          22, 2018                                               
31: EX-99.30    Notice of Annual General and Special Meeting of     HTML     43K 
                          Shareholders Dated October 5, 2018                     
32: EX-99.31    Management Information Circular Dated October 5,    HTML    746K 
                          2018                                                   
33: EX-99.32    Amendment to Management Information Circular        HTML     57K 
34: EX-99.33    Form of Proxy for Annual and Special Meeting        HTML     23K 
35: EX-99.34    News Release Dated October 16, 2018                 HTML     37K 
36: EX-99.35    Certification of Dissemination of Proxy-Related     HTML     29K 
                          Materials to Shareholders Dated October                
                          16, 2018                                               
37: EX-99.36    Certificate of Continuation Dated November 9, 2018  HTML     22K 
38: EX-99.37    Notice of Articles Dated November 9, 2018           HTML     23K 
39: EX-99.38    News Release Dated November 13, 2018                HTML     47K 
40: EX-99.39    News Release Dated November 14, 2018                HTML     48K 
 5: EX-99.4     Certification of Annual Filings Venture Issuer      HTML     32K 
                          Basic Certificate by Acting CFO Dated                  
                          October 22, 2018                                       
41: EX-99.40    Filing Statement Dated November 14, 2018            HTML   2.86M 
42: EX-99.41    Coattail Agreement Dated November 14, 2018          HTML    161K 
43: EX-99.42    Third Amended and Restated Limited Liability        HTML    357K 
                          Company Agreement Dated November 14,                   
                          2018                                                   
44: EX-99.43    Tax Receivable Agreement Dated November 14, 2018    HTML    270K 
45: EX-99.44    Support Agreement Dated November 14, 2018           HTML     97K 
46: EX-99.45    Support Agreement Dated November 14, 2018           HTML    108K 
47: EX-99.46    Notice of Change in Corporate Structure Dated       HTML     36K 
                          November 14, 2018                                      
48: EX-99.47    Material Change Report Dated November 20, 2018      HTML   2.87M 
49: EX-99.48    News Release Dated November 26, 2018                HTML     39K 
50: EX-99.49    Condensed Unaudited Interim Consolidated Financial  HTML    447K 
                          Statements of Rto Acquirer for the Three               
                          and Nine Month Periods Ended September                 
                          30, 2018 and 2017                                      
 6: EX-99.5     News Release Dated October 27, 2017                 HTML     25K 
51: EX-99.50    Management Discussion and Analysis of Financial     HTML    156K 
                          Conditions and Results of Operations of                
                          High Street Capital Partners, LLC D/B/A                
                          Acreage Holdings for the Three and Nine                
                          Month Periods Ended September 30, 2018                 
                          and 2017                                               
52: EX-99.51    News Release Dated November 29, 2018                HTML     57K 
53: EX-99.52    News Release Dated December 6, 2018                 HTML     52K 
54: EX-99.53    Agreement and Plan of Merger Dated December 5,      HTML    745K 
                          2018                                                   
55: EX-99.54    Material Change Report Dated December 16, 2018      HTML     60K 
56: EX-99.55    News Release Dated December 20, 2018                HTML     36K 
57: EX-99.56    Letter From Odyssey Trust Company to Canadian       HTML     27K 
                          Securities Exchange Dated November 12,                 
                          2018                                                   
58: EX-99.57    Cds Confirmation                                    HTML     22K 
59: EX-99.58    Form 1A Application Letter Dated November 14, 2018  HTML     30K 
60: EX-99.59    Form 2B Listing Summary Dated November 14, 2018     HTML     37K 
 7: EX-99.6     Consolidated Financial Statements for the Fiscal    HTML    177K 
                          Years Ended August 31, 2017 and 2016                   
61: EX-99.60    Form 4 Listing Agreement Dated November 14, 2018    HTML     39K 
62: EX-99.61    Form 6 Certificate of Compliance Dated November     HTML     27K 
                          14, 2018                                               
63: EX-99.62    Form 11 Notice of Proposed Stock Option Grant or    HTML     40K 
                          Amendment Dated November 23, 2018                      
64: EX-99.63    Form 9 Notice of Issuance of Securities Dated       HTML     62K 
                          November 23, 2018                                      
65: EX-99.64    Form 6 Certificate of Compliance Dated November     HTML     26K 
                          27, 2018                                               
66: EX-99.65    Form 9 Notice of Proposed Issuance of Listed        HTML     58K 
                          Securities Dated December 6, 2018                      
67: EX-99.66    Form 7 Monthly Progress Report Dated December 6,    HTML     50K 
                          2018                                                   
68: EX-99.67    Form 6 Certificate of Compliance Dated December 6,  HTML     26K 
                          2018                                                   
69: EX-99.68    Form 9 Notice of Issuance of Securities Dated       HTML     55K 
                          December 19, 2018                                      
70: EX-99.69    Form 6 Certificate of Compliance Dated January 17,  HTML     27K 
                          2019                                                   
 8: EX-99.7     Management Discussion and Analysis of Financial     HTML     85K 
                          Conditions and Results of Operations for               
                          the Fiscal Years Ended August 31, 2017                 
                          and 2016                                               
71: EX-99.70    Form 9 Notice of Issuance of Securities Dated       HTML     74K 
                          January 17, 2019                                       
72: EX-99.71    Consent of Rsm Canada LLP                           HTML     26K 
73: EX-99.72    Consent of Macias Gini & O'Connell LLP              HTML     25K 
74: EX-99.73    Consent of Sheehan & Company, C.P.A, P.C.           HTML     27K 
75: EX-99.74    Consent of Davidson & Company LLP                   HTML     29K 
 9: EX-99.8     Certification of Annual Filings Venture Issuer      HTML     22K 
                          Basic Certificate by CEO Dated December                
                          4, 2017                                                
10: EX-99.9     Certification of Annual Filings Venture Issuer      HTML     22K 
                          Basic Certificate by Acting CFO Dated                  
                          December 4, 2017                                       


EX-99.11   —   Management Discussion and Analysis of Financial Conditions and Results of Operations for the Three Month Periods Ended November 30, 2017 and 2016


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 99.11 

 

APPLIED INVENTIONS MANAGEMENT CORP.

Management Discussion and Analysis of Financial Conditions and Results of Operations for the three month periods ended November 30, 2017 & 2016

This Management Discussion and Analysis (M.D. & A.) should be read in conjunction with Applied Inventions Management Corp.’s (the “Company”) consolidated annual audited financial statements and the accompanying notes thereto which have been prepared in accordance with International Financial Reporting Standards (IFRS) in Canada. All monetary amounts are expressed in Canadian dollars. Additional information regarding the Company is available on the SEDAR website at www.sedar.com

 

FORWARD - LOOKING INFORMATION

The M. D. & A. and analysis and other sections of this report contain forward-looking statements. These forward-looking statements, by their nature, necessarily involve risks and uncertainties that could cause results to differ materially from those contemplated by these forward-looking statements. Management considers the assumptions on which these forward-looking statements are reasonable at the time the statements were prepared, but cautions the reader that they could cause actual results to differ materially from those anticipated.

DATE OF M. D. & A.

This M. D. & A. was prepared on January 29, 2018.

 

GENERAL OVERVIEW

On August 29, 2014, the Company filed articles of amendment changing its name from Applied Inventions Management Inc. to Applied Inventions Management Corp

 

A cease trade order (“CTO”) was imposed on the Company by the Ontario Securities Commission on February 20, 2001 for failure to file its annual audited consolidated financial statements for the year ended August 31, 2000 and interim unaudited consolidated financial statements for the three month period ended November 30, 2000. These consolidated financial statements were subsequently filed on Sedar by the Company.

On August 27, 2011, the Ontario Securities Commission issued a Revocation Order of the CTO. The Company is now seeking to complete a transaction that would allow the reinstatement of trading privileges on a recognized stock exchange.

Prior to 2002, the Company manufactured, marketed and distributed the SAVE swimming pool intrusion alarm.

The Company is in the process of reorganizing its affairs.

 

 C: 
 C: 
 

 

SELECTED ANNUAL INFORMATION

 

For the years ended August 31st 2016 2017
Sales $Nil $ Nil
Net Loss and Comprehensive Loss ($157,757) ($187,380)
Loss per share ($0.103) ($0.058)
Total Assets $726 $599
Current Liabilities $119,381 $515,624
Total Long Term Debt $ Nil $ Nil
Cash Dividends $ Nil $ Nil
Deficit ($3,712,707) ($3,900,087)

 

 

 

RESULTS OF OPERATION AND QUARTERLY RESULTS

Applied Inventions Management Corp. has incurred administrative costs, professional fees and consulting fees associated with preparing and filing annual audited consolidated financial statements, unaudited interim consolidated financial statements and all other regulatory filing requirements and has continued to accrue interest on its interest bearing shareholder advances and its Multiple and Subordinate Voting Debentures. Professional fees incurred for the three month period November 30, 2017 were $5,491 (November 30, 2016 - $1,217). Interest accrued on the secured demand Debenture, and shareholder advances was $23,602 (November 30, 2016 - $35,177). Bank charges were $32 during the three month period ended November 30, 2017 (November 30, 2016 - $79).

 

  Nov 30 Aug 31 May 31 Feb 28 Nov 30 Aug 31 May 31 Feb 28
  2017 2017 2017 2017 2016 2016 2016 2016
  Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2
Total Revenue $ NIL $ NIL $ NIL $ NIL $ NIL $ NIL $ NIL $ NIL

Net Loss and comprehensive

loss

($17,187) ($19,039) ($41,246) ($90,622) ($36,473) ($117,955) ($17,024) ($10,230)

Net Loss per

Share

($0.002) ($0.002) ($0.026) ($0.059) ($0.024) ($0.077) ($0.011) ($0.007)

Weighted average shares

outstanding

8,228,034 8,228,034 1,527,774 1,527,774 1,527,774 1,527,774 1,527,774 1,527,774
                 

 

 C: 
 

 

 

LIQUIDITY

The Company has been dependent upon one of its shareholders who is an officer and director of the Company, to provide financing for ongoing administrative expenses and for costs of re- organizing the affairs of the Company, subject to expense recoveries pursuant to the exclusivity agreement described herein. The shareholder, who is an officer and director of the Company, has indicated that he will continue to fund costs anticipated to be approximately $15,000 per annum. However, if the shareholder decides not to fund the ongoing costs, the Company will have to attempt to raise monies to fund ongoing operations from an alternative source. There is no assurance that the Company will be able to raise the required monies at competitive rates to continue operations.

As at November 30, 2017, Shareholder advances payable which is owing to a principal shareholder who is also a director and officer of the Company was $94,022 (August 31, 2017 - $89,056) including accumulated interest advanced to the Company by the same Shareholder and bears interest at 10% per annum and is secured by a General Security Agreement.

FINANCIAL INSTRUMENTS

All financial instruments are recorded initially at fair value. In subsequent periods, all financial instruments are measured based on the classification adopted for the financial instrument: held to maturity, loans and receivables, fair value through profit or loss (“FVTPL”), available for sale, FVTPL liabilities or other liabilities.

 

FVTPL assets and liabilities are subsequently measured at fair value with the change in the fair value recognized in net income (loss) during the period.

 

Held to maturity assets, loans and receivables, and other liabilities are subsequently measured at amortized cost using the effective interest rate method

 

The Company’s financial assets include cash and professional fees expense recovery while the Company’s financial liabilities include accounts payable and accrued liabilities, shareholder advances, subordinate voting debenture. Classified of these financial instruments is as follows:

 

Financial Instrument Classification
Cash FVTPL
Accounts payable and accrued liabilities Other liabilities
Shareholder advances Other liabilities
Subordinate and Multiple Voting Debentures Other liabilities

 

Cash is measured at level 1 of the fair value hierarchy. The Company does not have any financial instruments at level 2 or3 of the fair value hierarchy. The three levels of the fair value hierarchy are as follows:

 

 C: 
 

 

Level 1: Values based on unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Values based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability.

Level 3: Value based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement.

FINANCIAL RISK MANAGEMENT- LIQUIDITY RISK

Risk management is the responsibility of management who is of the opinion that the Company is exposed to financial risks as described below. The Company's financial instruments comprised of cash, accounts payable and accrued liabilities, shareholder advances and subordinate and multiple voting debentures, approximate fair values due to the relatively short term maturities of the instruments. It is management's opinion that the Company is not exposed to significant interest and currency risks. Liquidity risk is the risk that the Company will not be able to meet its obligations as they fall due. As at November 30, 2017 the Company had current liabilities of $544,717 (August 31, 2017 - $515,624) and assets of $12,505 (A gust 31, 2017 - $599). As a result, the Company has liquidity risk and is dependent on obtaining additional financing to meet its current obligations. 

Interest rate risk includes the risk that future cash flows or fair value will fluctuate as a result of changes in market interest rates. The Company is not exposed to interest rate risk on its debentures and shareholder loan payable which bear interest at a fixed rate.

The Company’s accounts payable outstanding for over 90 days amount to $21,224 (August 31, 2017 - $19,224).

 

CAPITAL RISK MANAGEMENT

The Company considers capital stock and deficit to represent capital. As at November 30, 2017 and August 31, 2017 the Company has a shareholders’ deficiency and management’s objective is to maintain its ability to continue as a going concern.

The Company is not subject to externally imposed capital requirements and there has been no change with respect to the overall capital risk management strategy during the three month period ended November 30, 2017 and the year ended August 31, 2017.

OFF BALANCE SHEET ACTIVITIES

As at November 30, 2017, the Company had no off balance sheet financial commitments and does not anticipate entering into any contracts of such nature.

 

 C: 
 

 

DEBT SETTLEMENT

On April 27, 2016, the Company agreed to settle an aggregate of $645,154 of indebtedness owing to the controlling shareholder who is a director and President of the Company, and to WFE Investments Corp. (“WFE”), a company controlled by the controlling shareholder of the Company, in exchange for the Company issuing a first secured Subordinate Voting Debenture in the principle amount of $343,154 to the controlling shareholder and a first secured Multiple Voting Debenture in the principle amount of $302,000 to WFE. The debentures bear interest at a rate of 10% per annum. Interest is payable quarterly and the principle amounts outstanding are due on April 27, 2018, the maturity date.

The secured Subordinate Voting Debenture and the Multiple Voting Debenture and any unpaid interest thereon are convertible, at the option of the holders into Subordinate Voting Units and Multiple Voting Units respectively at a conversion price of $0.05 per Subordinate Voting Unit or Multiple Voting Unit respectively prior to the maturity date. Each Subordinate Voting Unit and each Multiple Voting Unit will consist of one Class “A” subordinate voting share and one Class “B” multiple voting share respectively and one detachable share purchase warrant. Each warrant shall entitle the holder thereof to acquire one Class “A” subordinate voting share at a price of $0.06 per share until two years from the date of issuance.

The fair value of the liability component at the time of issue of $275,046 and $242,060 for the subordinate voting and multiple voting debentures, respectively, was calculated as the discounted cash flows for the convertible debenture assuming a 22% interest rate which was based on the estimated market interest rate for a convertible debenture without a conversion feature. The fair value of the equity component (conversion feature) of $68,108 and $59,940 for the subordinate voting and multiple voting debentures, respectively, was determined at the time of issue as the difference between the fair value of the compound convertible debentures and the fair value of the liability component corresponding to a rate that the Company would have obtained for a similar financing without the conversion option.

On May 30, 2017, the Multiple Voting Debenture and accrued interest thereon were converted into 6,700,260 Class “B” Multiple Voting Units at $0.05 per unit comprising 6,700,260 Multiple Voting Shares and 6,700,260 Class “A” detachable share purchase warrants.

 

 C: 
 

 

 

Subordinate Voting

Debenture

Multiple Voting

Debenture

 

Nominal value of debentures issued $ 343,154 $ 302,000
Equity Component (68,108) (59,940)
Liability component at date of issue $ 275,046 $ 242,060
Accretion 69,606 39,333
Conversion   (281,393)
Liability component at November 30, 2017 $ 344,652 $ -

 

RELATED PARTY TRANSACTIONS

Transactions with related parties are listed below and incurred in the normal course of business and are measured at the exchange amount:

a)As at November 30, 2017 debenture interest expense, accretion expense and shareholder advances expense was $23,602 (November, 30,2016 - $35,177) and is due to the controlling shareholder who is a director and officer or to a company controlled by the controlling shareholder. Actual interest expense of $54,550 (November 30, 2016 - $38,223) has been accrued in respect of the Subordinate and the Multiple Voting Debentures.

 

b)As at November 30, 2017 the Company has Shareholder Loans due to the controlling shareholder, officer and director of the Company, consisting of $94,022 (August 31, 2017 - $89,056) advance bearing interest at 10% per annum, advances being secured by a general security agreement.

 

c)Included in accounts payable and accrued liabilities is $16,030 (August 31, 2017 - $16,030) for the reimbursement of fees and expenses owed to the controlling shareholder who is also a director and officer of the Company.
d)During the year ended August 31, 2017, the current controlling shareholder who is also a director and officer of the Company forgave $17,900 worth of outstanding payables due to him, or a Company controlled by the controlling shareholder.

 

 

 C: 
 

 

CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

The preparation of financial statements in compliance with IFRS requires the Company’s management to make certain estimates and assumptions that they consider reasonable and realistic. Despite regular reviews of these estimates and assumptions, based in particular on past achievements or anticipations, facts and circumstances may lead to changes in these estimates and assumptions which could impact the reported amount of the Company’s asset, liabilities, equity or earnings. There have been no judgments made by management in the application of IFRS that have a significant effect on the financial statements for the period ended November 30, 2017 and the year ended August 31, 2017. Actual results could differ from those estimates.

CONTROLS AND PROCEDURES

Management is responsible for the design of internal controls over financial reporting to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the consolidated financial statements in accordance with IFRS. Based on a review of its internal control procedures at the end of the period covered by this MD&A, management believes its internal controls and procedures, for the nature and size of the entity, are effective in providing reasonable assurances that financial information is recorded, processed, summarized and reported in a timely manner.

Management is also responsible for the design and effectiveness of disclosure controls and procedures to provide reasonable assurance that material information related to the Company, is made known to the Company’s certifying officers. Management has evaluated the effectiveness of the Company’s disclosure controls and procedures and has concluded that these controls and procedures are effective, for the nature and size of the entity, in providing reasonable assurance that material information relating to the Company is made known to them by others within the Company.

OUTSTANDING SHARE DATA

Common Shares

 

As at November 30, 2017 the Company had 388,435 (August 31, 2016 - 388,435) Class “A” Subordinate Voting Shares and 7,839,599 (August 31, 2017 - 7,839,599) Class “B” Multiple Voting Shares issued and outstanding.

On May 30, 2017 the Multiple Voting Debenture and accrued interest of $33,013 were converted into 6,700,260 Multiple Voting Units, comprising 6,700,260 Class “B” Multiple Voting Shares and 6,700,260 Class “A” detachable shares purchase warrants.

 C: 
 

 

Stock Options and share purchase warrants

 

The Company’s stock option plan provides options that can be exercised for a maximum of 10% of the issued and outstanding Class “A” Subordinate Voting Shares and a maximum of 10% of the issued and outstanding Class “B” Multiple Voting Shares on the date of grant.

 

On April 29, 2016, 150,000 options to purchase Class “A“ shares were granted pursuant to the Company’s stock option plan to directors of the Company. The options were fully vested at the date of granting, have an exercise price of $0.05 per share and expire on April 29, 2021. The fair value of the options granted of $745 is estimated at the time of the grant using the Black-Scholes option pricing model.

 

On May 30, 2017, 6,700,260 Class “A” detachable share purchase warrants were issued. Each warrant shall entitle the holder to acquire one Class “A” subordinate voting share at $0.06 per share until two years from date of issue. 

On October 27, 2017, the Company granted 600,000 options to its directors with an exercise price of $0.05 and an expiry date of October 22, 2022.

 

 

EXCUSIVITY AGREEMENT

Proposed Transaction

 

On September 29, 2017, the Company entered into an exclusivity agreement (the “Exclusivity Agreement”) to complete a business combination with a third party (the “Target”), resulting in a reverse takeover of the Company (the “Proposed Transaction”). During the exclusivity period which expires on December 31, 2017, the parties have agreed to negotiate a binding agreement to complete the Proposed Transaction. As part of the Exclusivity Agreement the Target has agreed to pay certain expenses of the Company during the exclusivity period. There is no guarantee that the parties will be able to negotiate a mutually acceptable binding agreement or successfully complete the Proposed Transaction.

Subsequent to the period end, the Exclusivity Agreement has expired however, negotiation continues with the third party. Professional fees and expenses incurred by the Company amounting to $ 11,938 with respect to the potential transaction are recoverable from the third party which have now been paid.

 

 C: 
 

 

OFFICERS AND DIRECTORS

As at November 30, 2017 the officers and directors of the Company include:

 

Michael Stein - President and Director
   
Gabriel Nachman FCPA, FCA - Acting CFO, Director and Chair of Audit Committee
   
Nicholas Hariton - Director
   
Barry Polisuk - Director

 

ADDITIONAL INFORMATION

Additional information relating to the Company is available:

 

On the Internet at the SEDAR website at www.sedar.com or,
By contacting Michael Stein at 416-816-9690

 


Dates Referenced Herein

This ‘40FR12G’ Filing    Date    Other Filings
10/22/22None on these Dates
4/29/21
Filed on:1/29/19
4/27/18
1/29/18
12/31/17
11/30/17
10/27/17
9/29/17
8/31/17
5/30/17
11/30/16
8/31/16
4/29/16
4/27/16
8/29/14
8/27/11
2/20/01
11/30/00
8/31/00
 List all Filings 


10 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/30/24  Acreage Holdings, Inc.            10-K/A     12/31/23   13:796K
 4/30/24  Acreage Holdings, Inc.            10-K       12/31/23  112:13M
 5/01/23  Acreage Holdings, Inc.            10-K       12/31/22  112:14M
 3/11/22  Acreage Holdings, Inc.            10-K       12/31/21  116:16M
 4/22/21  Acreage Holdings, Inc.            S-1/A                  3:2.9M                                   Toppan Merrill/FA
 3/26/21  Acreage Holdings, Inc.            10-K       12/31/20  115:18M
 2/08/21  Acreage Holdings, Inc.            S-1                    8:4.2M                                   Toppan Merrill/FA
10/21/20  Acreage Holdings, Inc.            S-3                    6:2.2M                                   Toppan Merrill/FA
 8/21/20  Acreage Holdings, Inc.            S-3/A                  3:944K                                   Toppan Merrill/FA
 8/14/20  Acreage Holdings, Inc.            10-K/A     12/31/19   14:3.5M
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