Plant-Based Investment Corp.: PBIC To Rescind Share Exchange With Core One Labs
Company ) (
Core One ) to rescind the share exchange transaction previously completed between the parties (the
Share Exchange ).
Effective March 16, 2020, the Company subscribed for and acquired 5,333,333 common shares of Core One (or 2,666,667 common shares of Core One after giving effect to Core One s share consolidation completed on July 8, 2020), and in consideration issued 3,149,606 common shares of PBIC to Core One. The Company and Core One have agreed to rescind the Share Exchange and return to treasury and cancel all securities of the Company and Core One issued in connection with the transaction.
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COPENHAGEN (Reuters) - Europe s choppy vaccine rollout hit more trouble on Wednesday after U.S. drugmaker Johnson & Johnson delayed its COVID-19 shot and Denmark said it would drop a similar vaccine from AstraZeneca over the risk of blood clotting.
The European Medicines Agency (EMA) said it expected to issue a recommendation on Johnson & Johnson s vaccine next week but that it continued to believe the benefits of the shot outweighed the risks of side effects.
U.S. federal health agencies recommended pausing use of the vaccine for at least a few days after six women under age 50 developed rare blood clots after receiving the shot.
A Buried Chunk of Alien World Could Be Behind a Weak Spot in Earth s Magnetic Field
AYLIN WOODWARD, BUSINESS INSIDER
Earth s suit of geomagnetic armor has a chink, and it s growing.
A weak spot in our planet s magnetic field, located above the southern Atlantic Ocean, has been increasing in size over the last two centuries, and it s starting to split in two.
For those of us on the ground, this isn t cause for concern: The protective field continues to shield the planet from deadly solar radiation.
But the South Atlantic Anomaly, as it s appropriately named, does affect satellites and other spacecraft that pass through an area between South America and southern Africa.
SHENZHEN, China, April 15, 2021 /PRNewswire/ Mutual funds are professionally managed investment vehicles that are designed to meet specific risk-return needs of investors. While your portfolio manager should, technically, look out for your best interests, there is mounting evidence to suggest this may not always be the case.
If you are one of the millions who invest in a mutual fund, how can you be sure that fund managers are going to make the best decisions regarding your investment? One simple way, according to new research by Associate Professor Ma Linlin, Peking University HSBC Business School (PHBS), and her coauthor Associate Professor Tang Yuehua, University of Florida, is to find a portfolio manager who invests their own money in the fund they manage. More simply, finding a portfolio manager with skin in the game is beneficial for you as an investor. The paper titled Portfolio Manager Ownership and Mutual Fund Risk Taking has been published in the
U.S. Retail Sales Spike Much More Than Expected In March
WASHINGTON (dpa-AFX) - Retail sales in the U.S. spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Thursday.
The Commerce Department said retail sales skyrocketed by 9.8 percent in March after tumbling by a revised 2.7 percent in February.
Economists had expected retail sales to surge up by 5.9 percent compared to the 3.0 percent slump originally reported for the previous month.
Excluding sales by motor vehicle and parts dealers, retail sales soared by 8.4 percent in March after plunging by a revised 2.5 percent in February. Ex-auto sales were expected to jump by 5.0 percent.