Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

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Traxion Sab De Cv Ord Shs > TBP is out of cash

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Post by ThunderLips1 on Feb 18, 2021 7:14pm

TBP is out of cash

Negative actually. What will Guy do?

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Comment by lscfa on Feb 21, 2021 8:19pm

Financial statements are out of date as soon as they are printed. Always read the footnotes. 26. Subsequent events (a) OnDecember13,2020,theCompanymadethefourthquarterlypaymentof$312,500andacquireditsfourth 12.5%, for a total of 50% of ownership of TALLC. (b) On February 3, 2021, the Company completed a non-brokered private placement for a total of 11,085,064 units consisting of one ...more

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Comment by 1mattman on Feb 21, 2021 8:32pm

TBP has a shelved prospective for $50 million for I believe 2 years. Far cry from cashless. There is lots going on so, let’s not listen to someone with such obtuse comments. If anything, just block those comments.

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