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Bullboard - Stock Discussion Forum PowerTap Hydrogen Capital Corp MOTNF

PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (PowerTap), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap is commercializing its blue hydrogen product, which is focused on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling... see more

GREY:MOTNF - Post Discussion

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Post by Cyberchase11 on Jun 19, 2020 10:25am

Wow!

I held 80,140 Shares Pre-Consolidated shares & only received 61 Shares of AGRA now. CIBC told me that is correct? I thought I was getting much more than that! Haha what a rip off
Comment by DanielDarden123 on Jun 19, 2020 11:14am
I would strongly suggest that you revisit this! You should have ~11,449 Post Consolidation SOW shares and~57,243 Agra shares. See my post here on May28/20 for more.
Comment by CAinPlap on Jun 19, 2020 11:27am
From my May 29th post: My coles notes: 312,379,370 shares outstanding before. Issue 75,850,000 to Bendu may 24th so that new share count 388,229,376. May 28th record date for distribution of 282,072,834 Agra shares = .7265 Agra shares for each Sow.
Comment by CAinPlap on Jun 19, 2020 11:18am
We got .3715 Agra shares for each SOW share in first round of distribution which leaves .7785 AGRA shares to be distributed this round if we are to get the 1.15 shares promised in the original announcement. I haven't got this round yet so will be interesting to see what kind of 3 card monte scam they will try and pull this time. Because Bendu I believe is getting AGRA shares, they are not ...more  
Comment by trident3 on Jun 19, 2020 11:23am
Yeah it's a joke. Who would pay $7m for Bendu if you take the original shares provided and cost of AGRA shares.
Comment by curious14 on Jun 19, 2020 4:36pm
If you take a look at my last post and calculate what the CIBC did with the US Account you will see they calculated as follows:  25,000 : 7 = 3,571.429 x 4.994 = 17,835.716 Just insert your numbers and you  will get the right amount you should be getting. Good luck c14 ..
Comment by ElderBrownBear on Jun 22, 2020 8:59am
Morning all just got off the phone with I trade, they said the distribution of agra shares are 0.7134 for every SOW shares, falls well short of what I was looking at given I had 400,000 shares of SOW pre consolodation.  Thoughts  LBB
Comment by MondoCann on Jun 22, 2020 9:08am
Not to worry, jut about right, 4.99 AGRA for each new Sow share.
Comment by CAinPlap on Jun 22, 2020 3:57pm
We got .3715 Agra shares the first round so this would get us close to the 1.15 total we were promised.
Comment by curious14 on Jun 22, 2020 8:49pm
That was then, at the pre consolidation. c14
Comment by curious14 on Jun 24, 2020 4:48pm
Disbursement:  My TD Account shows the disbursement Ratio for 1 SOW Share 4.645 AGRA Shares. Good Luck c14
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