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Bullboard - Stock Discussion Forum XTM Inc C.PAID

Alternate Symbol(s):  XTMIF

XTM Inc. is a Canada-based fintech company. The Company’s main business is as a creator of disruptive payment innovations, including fully certified Earned Wage Access through its QRails AnyDay product. The Company is the originator of the Today Solution, a software solution originally designed for restaurateurs, personal care service providers, food delivery operators, and other businesses... see more

CSE:PAID - Post Discussion

XTM Inc > Red Cloud now has 2 million shares
View:
Post by divime1 on May 09, 2023 2:33pm

Red Cloud now has 2 million shares

Bear with me here . June 21 / 21 Kingsferry Capital announced they owned 11 % Payfair . The stock price of PAY went from $ 6.60 to to $ 13.80 in about 3 weeks . Hugo Chan of Kingferry was appointed to PAY board last year .

 

PAID deal with PAY was announced March 3 . Red Cloud started buying PAID shares the middle of March . Is it possible Red Cloud is buying for Kingsferry . Hugo Chan does like startup Fintech's and would have first hand knowledge of PAID . 

Yahoo board rejected this post . Why does anyone bother going there .

Comment by Cronicle on May 10, 2023 2:38pm
I'm all for a good theory. Forgive me for only doing 10 mins of DD, but what is the link between Red Cloud (mining investments) and Kingsferry? Why would they buy for them and not just Kingsferry buying directly?
Comment by divime1 on May 11, 2023 8:12am
Kingsferry isn't a brokerage so they need someone to buy shares for them . What better way to hide their buying a stock than using Red Cloud .  We can be sure they aren't buying for a mining company . I could be way off but Kingsferry owns 11 % of PAY  . PAID did a deal with PAY . Red Cloud starts buying PAID a few weeks after the deal was announced . Headquarters  ...more  
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