Post by
Lostchannel on Jun 16, 2024 11:09am
Final question
Without sarcasm or chirping please.
My account at Scotia ITrade is showing a small value for these stocks at 29C usd. Not sure whats that about but my question is as follows:
I cannot sell them obviously, so to get rid of them off my screen I have to fill out a form to "gift" the shares.
Does that mean I would now have no rights going forward? Is it better to look at the these dead stocks in my account for a few more months before that action or rip the bandade off now. I am disappointed that the reciever has not put out any public statement. Maybe it is too soon as they sort out the mess.
Comment by
March88 on Jun 16, 2024 11:23am
It's over, rip de bandade. Assets are being sold to the highest bidder. Shareholders have been wipped out of the structure moving forward. Extremely frustrating and disappointing on how things ended. We've been had by an incompetent CEO unfortunately. Lick your wounds and move on to the next investment.
Comment by
Lostchannel on Jun 17, 2024 3:32pm
Figured that but wanted to make sure I didn't do something silly like i did by being long on this stock. I agree that the management was incompetent. I will take this as a lesson. these stocks are a trade not an investement. Thanks