Has anyone else received a buyback offer for Cavirtex shares from Joseph David, the CEO?
The buy back offer is for CAD$0.40 or 0.00070052 BTC per share (the equivalent of CAD$40 or 0.070052 BTC per unit as then listed on Havelock)
The offer expires Sept 25th, 2014.
It seems like a very low price. I wonder if you decide to keep your shares, do you have to prove you are an accredited investor?
It's $0.40 if you've already converted, $40 if you haven't.
For those unaware, when registering the shares you were to multiply your actual held by 100 to deduce your new share count. I.E. 25 shares pre-registration turned into 2500 shares post registration. Either way, those 25 (2500) shares are valued at $1000.