DAK Investments Corp buying at Blackline Safety (BLN)

DAK Investments Corp buying at Blackline Safety (T:BLN)

Updated Thursday Apr 13, 2017 02:07 AM EDT
DAK Investments Corp., a 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $3.000 through a prospectus or prospectus exempt offering on April 12th, 2017. This represents a $6,000,000 investment into the company's shares and an account share holdings change of 25.2%.

Blackline Safety is in the Communications & Networking Sub Industry Group under the Technology Sector.

Blackline Safety Corp. is a Canada-based global connected safety technology company. The Company designs, manufactures and sells products and services that combine wireless technology and global positioning system (GPS) to protect people and property, and provide geographic connectivity. The Company's segments include Product and Service. The Product segment consists of the sales from its connected safety monitoring hardware devices to a range of industries and geographic locations. The Service segment includes monitoring and support services that are provided to customers for safety devices. The Company develops, manufactures and markets products and services for employee monitoring. The Company's monitoring solutions offer organizations with real-time safety incident awareness. The Company also offers a Loner Complete leasing program. Its portfolio of products and services include Loner M6, Loner M6i, Loner 900, Loner Bridge, Loner Mobile, Loner Duo and Blackline Location Beacon.


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