COMPREHENSIVE HEALTHCARE SYSTEMS INC. ("CHS")
[formerly Greenstone Capital Corp. ("GSGS.P")]
BULLETIN TYPE: Resume Trading, Qualifying Transaction-Completed/New Symbol, Name Change and Consolidation
BULLETIN DATE: October 13, 2021
TSX Venture Tier 2 Company
The common shares of the Company have been halted from trading since October 26, 2020, pending completion of a Qualifying Transaction.
Resume Trading
Effective at the opening, Friday, October 15, 2021, the common shares of Comprehensive Healthcare Systems Inc. will commence trading on TSX Venture Exchange under the new symbol "CHS".
Qualifying Transaction-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Filing Statement dated September 28, 2021. As a result, at the opening on Friday, October 15, 2021, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:
The Qualifying Transaction includes the arm's length amalgamation involving Comprehensive Healthcare Systems Inc. for consideration of 55,394,272 shares at a deemed price of $0.45 per share.
33,196,406 shares issued to Principals pursuant to the Qualifying Transaction will be subject to a Tier 2 Surplus Security Escrow Agreement to be released over a 36-month period. 8,105,801 shares issued to non-Principals pursuant to the Qualifying Transaction will be subject to a Tier 2 Value Security Escrow Agreement to be released over a 36-month period, in accordance with the Exchange's Seed Share Resale Restrictions. 641,231 shares are subject to a CPC Escrow Agreement to be released over an 18-month period.
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Dr. Hassan Mohaideen Y 10,570,982
Mariam Cather Y 2,937,189
Vikas Ranjan Y 2,199,960
Nameh Hotels and Resorts Limited
(Karan Pal Singh and Himangini Singh) Y 17,459,965
Name Change and Consolidation
Pursuant to a resolution passed by shareholders on June 25, 2020, the Company has consolidated its capital on a 3.5322575 old for 1 new basis. The name of the Company has also been changed to "Comprehensive Healthcare Systems Inc."
Effective at the opening, Friday, October 15, 2021, the common shares of Comprehensive Healthcare Systems Inc. will commence trading on TSX Venture Exchange, and the common shares of Greenstone Capital Corp. will be delisted.
For further information, please refer to the Company's Filing Statement dated September 28, 2021, which
is filed on SEDAR.
The Company is classified as a "data processing, hosting and related services" company.
Capitalization (post-consolidation): Unlimited shares with no par value of which
68,303,955 shares are issued and outstanding
Escrow: 41,943,438 shares
Transfer Agent: TSX Trust Company
Trading Symbol: CHS (new)
CUSIP #: 204663 10 8 (new)
Company Contact: Mariam Cather
Chief Strategy Officer and Director
Company Address: Suite 340, 2025 Lincoln Highway, State Rte 27
Edison, New Jersey 08817
Company Phone Number: (732) 362-7000
Company Email Address: mariam@2hps.com
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