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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

Post by Ethanbrodie123on Jan 20, 2015 3:45pm
189 Views
Post# 23340799

more delays due to shareprice decline

more delays due to shareprice declineI believe that it is more the pushback of timelines once again that is the major material news here. One maybe positive is the potential of using royalty streaming companies to fund the rest, which would not dillute shareholders. (again more clarification needed.. but if that is the case, it could be very beneficial for investors) That strategy for the long term usually benefits the royalty companies but it is the prudent thing in our case because of the shareprice. It does not give up alot of producing cash flow per year but it gives up a little over a long period of time. 
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