CNSX:IDLE.X

CSE Bulletin: Fundamental Change - Generative AI Solutions Corp. (AICO)

Retrieved on: 
Tuesday, April 18, 2023
Natural language processing, AICO, Intelligence, Generative, Artificial intelligence, AI

Toronto, Ontario--(Newsfile Corp. - Le 18 avril/April 2023) - Further to bulletin 2023-0211 , Generative AI Solutions Corp. has been approved for listing.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 18 avril/April 2023) - Further to bulletin 2023-0211 , Generative AI Solutions Corp. has been approved for listing.
  • Generative AI Solutions has announced a symbol change from IDLE.X to AICO.
  • Generative AI Solutions Corp. is a pioneering artificial intelligence (“AI”) company focused on developing transformative AI-powered tools for businesses and consumers across multiple industries.
  • Suite au bulletin 2023-0211 , Generative AI Solutions Corp. a été approuvé pour inscription.

GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Inc.) Announces Change of Name and Effective Date For Share Consolidation and Provides Updated on Potential Transaction

Retrieved on: 
Friday, February 10, 2023
Consolidation, OTC, DRS, CUSIP, Effective date, Hierarchy, Documentation, Consolidated, News, Transaction, Letter, Intelligence, Effectiveness, FSE, Consolidated financial statement, Canadian Securities Exchange, Exercise, CSE, Security (finance), Cryptocurrency

VANCOUVER, BC, Feb. 10, 2023 /PRNewswire/ - GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Solutions Inc.).

Key Points: 
  • VANCOUVER, BC, Feb. 10, 2023 /PRNewswire/ - GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Solutions Inc.).
  • The Subordinate Shares will begin trading on a Consolidated basis on the Canadian Securities Exchange ("CSE") at the open of markets on the Effective Date.
  • No fractional Subordinate Shares will be issued, and any post-Consolidation fraction of a Subordinate Share will be rounded to the nearest whole number of Subordinate Shares.
  • Completion of the Proposed Transaction will be subject to a number of conditions, including, but not limited to, CSE and shareholder approval.

GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Inc.) Announces Change of Name and Effective Date For Share Consolidation and Provides Updated on Potential Transaction

Retrieved on: 
Friday, February 10, 2023
Consolidation, OTC, DRS, CUSIP, Effective date, Hierarchy, Documentation, Consolidated, News, Transaction, Letter, Intelligence, Effectiveness, FSE, Consolidated financial statement, Canadian Securities Exchange, Exercise, CSE, Security (finance), Cryptocurrency

VANCOUVER, BC, Feb. 10, 2023 /PRNewswire/ -- GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Solutions Inc.).

Key Points: 
  • VANCOUVER, BC, Feb. 10, 2023 /PRNewswire/ -- GENERATIVE AI SOLUTIONS CORP. (formerly Idle Lifestyle Solutions Inc.).
  • The Subordinate Shares will begin trading on a Consolidated basis on the Canadian Securities Exchange ("CSE") at the open of markets on the Effective Date.
  • No fractional Subordinate Shares will be issued, and any post-Consolidation fraction of a Subordinate Share will be rounded to the nearest whole number of Subordinate Shares.
  • Completion of the Proposed Transaction will be subject to a number of conditions, including, but not limited to, CSE and shareholder approval.

IDLE Signs Letter of Intent for Reverse Takeover with Artificial Intelligence Company

Retrieved on: 
Saturday, January 28, 2023
FSE, LOI, Transaction, Intelligence, News, Machine learning, CSE, OTC, IDLE, The Company, Issuer, Cryptocurrency, Ultron

The entity resulting from the Proposed Transaction (the "Resulting Issuer") will continue to carry on the business of Ultron as an artificial intelligence technology company that utilizes machine learning and natural language processing to improve efficiency, accuracy and decision-making in the education industry.

Key Points: 
  • The entity resulting from the Proposed Transaction (the "Resulting Issuer") will continue to carry on the business of Ultron as an artificial intelligence technology company that utilizes machine learning and natural language processing to improve efficiency, accuracy and decision-making in the education industry.
  • The Proposed Transaction will be structured as an amalgamation, arrangement, takeover bid, share purchase or other similar form of transaction mutually acceptable to the Company and Ultron.
  • Completion of the Proposed Transaction is subject to a number of conditions, including, but not limited to, exchange and shareholder approval.
  • There can be no assurance that the Proposed Transaction will be completed as currently contemplated, or at all.

IDLE Signs Letter of Intent for Reverse Takeover with Artificial Intelligence Company

Retrieved on: 
Friday, January 27, 2023
FSE, LOI, Transaction, Intelligence, News, Machine learning, CSE, OTC, IDLE, The Company, Issuer, Cryptocurrency, Ultron

The entity resulting from the Proposed Transaction (the "Resulting Issuer") will continue to carry on the business of Ultron as an artificial intelligence technology company that utilizes machine learning and natural language processing to improve efficiency, accuracy and decision-making in the education industry.

Key Points: 
  • The entity resulting from the Proposed Transaction (the "Resulting Issuer") will continue to carry on the business of Ultron as an artificial intelligence technology company that utilizes machine learning and natural language processing to improve efficiency, accuracy and decision-making in the education industry.
  • The Proposed Transaction will be structured as an amalgamation, arrangement, takeover bid, share purchase or other similar form of transaction mutually acceptable to the Company and Ultron.
  • Completion of the Proposed Transaction is subject to a number of conditions, including, but not limited to, exchange and shareholder approval.
  • There can be no assurance that the Proposed Transaction will be completed as currently contemplated, or at all.

CSE Bulletin: Name Change and Consolidation - Idle Lifestyle Inc. (IDLE.X)

Retrieved on: 
Friday, February 10, 2023
Exchange, NE, Policy, Subaltern Studies, Par, Generative, Politique, Security (finance), Holding company, Film

As a result, the outstanding shares of the company will be reduced to approximately 4,733,696 subordinate voting shares.

Key Points: 
  • As a result, the outstanding shares of the company will be reduced to approximately 4,733,696 subordinate voting shares.
  • Trading remains halted pending a fundamental change as described in Policy 8.
  • The corporate actions announced in this bulletin in no way represent Exchange approval, conditional or otherwise, of the fundamental change transaction.
  • Par conséquent, les actions en circulation de la société seront réduites à environ 4 733 696 actions à droit de vote subalterne.

IDLE Announces Changes to the Board and Management

Retrieved on: 
Thursday, September 1, 2022
News, Phrase, Canadian Securities Exchange, Risk, Company, Risk management

Such forward-looking information includes, among other things, information regarding: the Company's plans and strategies; and future contributions by the newly appointed officer and director.

Key Points: 
  • Such forward-looking information includes, among other things, information regarding: the Company's plans and strategies; and future contributions by the newly appointed officer and director.
  • Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information.
  • Accordingly, readers should not place undue reliance on forward-looking information.
  • The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

IDLE Announces Changes to the Board and Management

Retrieved on: 
Thursday, September 1, 2022
News, Phrase, Canadian Securities Exchange, Risk, Company, Risk management

Such forward-looking information includes, among other things, information regarding: the Company's plans and strategies; and future contributions by the newly appointed officer and director.

Key Points: 
  • Such forward-looking information includes, among other things, information regarding: the Company's plans and strategies; and future contributions by the newly appointed officer and director.
  • Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information.
  • Accordingly, readers should not place undue reliance on forward-looking information.
  • The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

CSE Bulletin: Notice of Distribution - Idle Lifestyle Inc. (IDLE.X)

Retrieved on: 
Thursday, July 28, 2022
Board, Distribution, Hierarchy, SVS, CAD, Board of directors, Holding company

Shareholders will receive CAD$0.41 per each SVS held, being $0.215 in connection with the return of capital, and $0.195 in connection with the dividend payment.

Key Points: 
  • Shareholders will receive CAD$0.41 per each SVS held, being $0.215 in connection with the return of capital, and $0.195 in connection with the dividend payment.
  • The Distribution is expected to be paid on or about August 10, 2022 (the Payment Date) to holders of record of SVS on August 3, 2022 (the Record Date).
  • Les actionnaires recevront 0,41 $ CA pour chaque SVS dtenu, soit 0,215 $ dans le cadre du remboursement de capital et 0,195 $ dans le cadre du paiement du dividende.
  • Pour plus d'informations, veuillez consulter le communiqu de presse de l'metteur.

IDLE Declares Dividends and Approves Return of Capital

Retrieved on: 
Tuesday, July 26, 2022
Sale, Date, Asset purchase agreement, PST, SVS, NYSE, Altria, Income Tax Act, IDLE, ALCS, Board, Income Tax Act 1967, News, Company, MVS, MO, Transaction, CSE, Tax, Distribution, CAD, Asset, Shareholder, Security (finance), Holding company

The Distribution will be of an aggregate amount of approximately CDN$68.2 million, and comprised of a return of capital of approximately CDN$28 million and dividends of approximately CDN$40.2 million.

Key Points: 
  • The Distribution will be of an aggregate amount of approximately CDN$68.2 million, and comprised of a return of capital of approximately CDN$28 million and dividends of approximately CDN$40.2 million.
  • The Shareholders will receive CAD$0.41 per each SVS held, being $0.215 in connection with the return of capital, and $0.195 in connection with the dividend payment and CAD$410 per each MVS held, being $56.00 in connection with the return of capital, and $354.00 in connection with the dividend payment.
  • These dividends are designated by the Company as eligible dividends as defined by the Income Tax Act (Canada) and similar provincial or territorial legislation.
  • An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.