Richard Cooper, a Director, acquired 1,715,555 Common Shares on an indirect ownership basis for registered holder Cardinal Couriers Ltd. and 111,111 Common Shares on a control or direction basis for registered holder RHC Spitfire Corporation at a price of $0.450 through a prospectus or prospectus exempt offering on November 7th, 2019. The insider also acquired 1,715,555 Warrants on an indirect ownership basis for registered holder Cardinal Couriers Ltd. and 111,111 Warrants on a control or direction basis for registered holder RHC Spitfire Corporation with an exercise price of $0.540 until November 7, 2020. This represents a $822,000 investment into the company's shares and an account share holdings change of greater than 100%.
In addition, Howard Westerman, a Director, acquired 133,333 Common Shares and 133,333 Warrants on a direct ownership basis. This represents a $60,000 investment into the company's shares and an account share holdings change of 15.2%.
PUDO is in the Software Sub Industry Group under the Technology Sector.
PUDO Inc. (PUDO), formerly Grandview Gold Inc., offers a parcel pick-up and drop-off network. The Company's principal activity is providing e-commerce shipment services through collaboration with specific online retailers for delivery of their products, and working with national and international courier companies to provide alternate drop-off and pickup options of packages. The Company's services are offered on its Website and is a Web-based service, available over the Internet. The Company's services can be found in convenience stores, gas stations and other variety stores that are typically open round the clock (PUDO Points), allowing registered courier companies and consumers to use these stores as pick-up locations for parcels and letters that require identification and/or signatures to release. The Company's services are also available to consumers for consumer-to-business or consumer-to-consumer transactions. The Company offers SuperApp, which provides live data on every scan.
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