On Friday,Shares of Mosaic Co (NYSE:MOS), added .87% and closed at $24.46 in the last trading session. The last trading range of the stock ranges between $24.15 and $24.64. MOBI724 Global Solutions Inc. (“MOBI724″ or the”Company”) (CSE:MOS), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing is happy to declare that it has authorized and is presently seeking financing by way of issuance secured convertible debentures (“Convertible Debentures”) for maximum proceeds of $500,000.00. The Company anticipates to use the net proceeds to support project deployments of the Company’s solution, for ongoing obligations and for working capital requirements.
The Company proposes to issue Convertible Debentures for a term of 18 months (the “Term”) bearing interest at a rate of 8 % per annum. The Convertible Debentures shall be convertible at the option of the holder into common shares of the Company (the “Shares”) on or before the expiry of the Term at a conversion price of $0.15. The Company has the option to redeem the Convertible Debentures at any time before the expiry of the Term without penalty. The Convertible Debentures will be sold following exemptions from prospectus requirements to “accredited shareholders” in Canada and will not be listed on the CSE, however the Common Shares issuable upon conversion will be listed and may be subject to hold periods prescribed by regulation.
Home Depot Inc (NYSE:HD), jumped 0.59% and closed at $128.68 in the last trading session. The last trading range of the stock ranges between $127.63 and $129.24. The company’s Market capitalization is $159.93 Billion with the total Outstanding Shares of 1.24 billion. The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, in addition to acts as a contractor to provide installation services to its DIFM customers through third-party installers. It mainly serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, counting 1,977 in the United States, 182 in Canada, and 115 in Mexico.