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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

Comment by sdomaeon Mar 14, 2014 10:11am
101 Views
Post# 22322769

RE:RE:RE:RE:Justin

RE:RE:RE:RE:JustinBut Justin the problem with them being chronically late on everything is that the SP falls and we end up with a low balled equity financing like the one we got from ICL.
   And maybe a reason we fall in SP is because investors get tired of all the hype that doesn't pan out in a timely fashion. Delays lead to disappointment and a lack of faith in management. It amazes me , for example, that management quoted the Ethiopian government when coming up with their timeline for the mining license. They had been in country long enough to know that you do not take the Ethiopian government at their word. The same would apply in Canada. Yet they tried to sell that schedule to investors knowing it was wrong and impossible. But it fit nicely with their spin campaign. The result is an exodus from the stock and a lower SP. We are also the victim of a shark attack by the likes of ICL.
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