Bullboard - Stock Discussion Forum Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s): PKKFF

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub... see more

CSE:PKK - Post Discussion

Tenet Fintech Group Inc. > 1st trading after consolidation

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Post by BurtonM on Feb 01, 2021 10:55pm

1st trading after consolidation

What do you foresee this stock going after consolidation? I see it attracting more traders who don't look at micro/small caps. What r your thoughts?

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Comment by Adwari on Feb 02, 2021 9:54am

When did PKK do a share consolidation? I don't see any news about consolidation.

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Comment by BurtonM on Feb 02, 2021 11:39am

Adwari, It has not happened but mangment is considering it. Check SEDRA for mangmnt notice. NOTICE IS HEREBY GIVEN that a Special Meeting (the “Meeting”) of the holders of common shares (the “Shares”) of Peak Fintech Group Inc. (the “Corporation”) will be held on February 16, 2021 at Peak Fintech Group Inc.’s offices located at 550 Sherbrooke West, West Tower, suite 265, Montreal, Quebec, H3A ...more

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Comment by Adwari on Feb 02, 2021 6:52pm

Thanks. I received the voting proxy today.

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Comment by PunkRocky on Feb 02, 2021 6:46pm

Personally I'm never a fan of share consolidation. The current share count isn't enough for them?? What I'm worried about is what I often see happening after share consolidations.... price manipulations downward. PKK is going to be a cash generating golden goose! How greedy does management want to get at our expense if things go south on us? Just saying. And if we get a ...more

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Comment by Adwari on Feb 02, 2021 6:53pm

Then vote against the consolidation.

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Comment by lscfa on Feb 02, 2021 7:16pm

You've got it backwards. When the stock was trading at $0.02 nobody was interested because $0.02 stocks have no credibilty. The 10-for-1 rollback in July got people interested. The next rollback will get the stock to a price level that qualifies it for Nasdaq and makes it even more credible.

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Comment by Adwari on Feb 02, 2021 8:08pm

It is not 10 for 1 rollback. They are proposing 2 for 1 or 5 for 1 rollback.

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Comment by PunkRocky on Feb 02, 2021 11:20pm

If 4th quarter revenues are blockbuster and outlook re-iterated as same, we won't even need a share consolidation. The market will realize PKK and its potential and we will move up just as we have done these last few weeks on revenue-generating news. Why give the shorters reasons to play their game? Let the market decide once big revenue numbers are confirmed.... build the revenues and " ...more

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