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Bullboard - Stock Discussion Forum Northstar Clean Technologies Inc ROOOF


Primary Symbol: V.ROOF

Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use... see more

TSXV:ROOF - Post Discussion

Northstar Clean Technologies Inc > The seller continues to pressure the market
View:
Post by trader53 on Feb 16, 2022 2:21pm

The seller continues to pressure the market

It appears that they are prepared to take the share price below .25 which tells me they have a cost base of .15. If I am right I fully expect we will visit .20 a share.
Comment by trader53 on Mar 15, 2022 10:44am
There is talk that this seller had in excess of ten million shares at a nickel. If true look out below!
Comment by throwaway11 on Mar 15, 2022 11:31am
Email IR and ask him directly. This kickback to get financing parties a fast turnaround by giving them dirt cheap shares then promoting the stock on sites like this to essentially lead unsavvy retail investors like ourselves into a trap seems to me an absolute blight on microcaps from canada. It is grotesque and I am thinking of starting starting to get active about it (with politicians, media etc ...more  
Comment by throwaway11 on Mar 15, 2022 11:33am
just to add--- not sure that this is the case for Northstar. Especially with the insider buying.
Comment by SIGG1 on Mar 15, 2022 4:18pm
hi Trader, where did you hear about this individual share ownership?
Comment by SIGG1 on Mar 15, 2022 10:18pm
That's what I thought, you don't know, in fact you're just making this up.  Now you are saying that 'the seller' has in excess of 10M shares;  On December 06th (post below) you said that he had 7M shares.  How do you explain that last December he had 7M but now he has in excess of 10M? On February 16th (post below) you said that you believed 'the seller' ...more  
Comment by trader53 on Mar 16, 2022 12:24am
I would love to know how much stock this seller has and yes I am a trader who has watched every trade on this stock for the last eight months. I then review the trades weekly. Each year I pick four or five Venture stocks that I believe could be ten baggers. It starts with as much due dilligence as I can do. All along I have questioned this sellers cost base and should we break below twenty I have ...more  
Comment by trader53 on Mar 16, 2022 12:34am
Before being reorganised this Company was supposed to enter the blockchain world. Things fell apart and many shareholders including the founders were sitting on a pile of stock. House 33 raised money at a nickel and at fifteen cents. One of the founders didnot get involved with roof and my guess it is this founder who has been monetizing his position of founder shares. I spoke to Sedun and he ...more  
Comment by lscfa on Mar 16, 2022 8:41am
As the Company anticipates being an “emerging issuer” as defined in NP 46-201 and a “Tier 2 Issuer” under the policies of the TSXV, the following automatic timed releases pursuant to the NP 46-201 Escrow Agreement and the TSXV Escrow Agreement are expected to apply to the Escrowed Securities held by its principals and certain non- principals who are subject to escrow: - 20 -   (a) 10 ...more  
Comment by lscfa on Mar 16, 2022 8:43am
 On December 23, 2020, pursuant to the Empower Amalgamation, the Company issued 44,331,147 Northstar Shares in exchange for 40,988,577 Empower Shares held by the former Empower Shareholders.
Comment by lscfa on Mar 16, 2022 8:52am
Issuance of shares During the year ended December 31, 2020, the Company completed the following share transactions: Northstar issued a total of 44,331,147 shares in connection with the RTO (Note 4) valued at $8,383,146. Empower, prior to the Amalgamation issued a total of 2,082,500 shares at a price of $0.15 per share for gross proceeds of $312,375 on warrant exercises. During the year ...more  
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