Concordia Healthcare Corp. T.CXR.R

2496544 ONTARIO LTD.

[heavyvolume]

Has anyone been able to follow up with Concordia on this? It seems emails address listed here don't get replies and there are no phone numbers to call? This company really looks as "mickey mouse" as it gets. Apologies to Disney!

https://concordiarx.com/investors/overview/

Background on this curious numbered company
https://seekingalpha.com/article/4001486-concordia-board-members-please-clarify-ceos-shares-held

[heavyvolume]

According to Capitolist on SeekingAlpha "On March 31st, 2016 the "Marchs de valeurs et des instruments drivs" (page 468) posted that the CEO of Concordia International had transferred 100% of holdings into "2496544 ONTARIO LTD.""Recap: March 14th, 2016 2496544 ONTARIO LTD. was registered in the Cayman Islands (previously in Canada) March 31st, 2016 the CEO of

[has2bshasta]

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[greatplay]

Don't post Old BS news by capitolist = cohodes; it's the person who made the news and shorted the company to make money from the news; the news has already played out....

[heavyvolume]

You are making a novice mistake here.  Focus on the message, not the messenger. Who cares who the poster is? The person is a disclosed short seller so there is no hidden agenda. The clear hidden agenda is why would a CEO of a company transfer all this holdings to an off-shore account and setup insider selling during a blackout period? If that in fact happened, do you know it's not only

[TSX2016]

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[heavyvolume]

The CEO "lost" direct ownership? Do you think people are stupid here? CEO was in complete control of how those assets were to be used and transferred. And who controls 2496544 ONTARIO LTD. now? Well, if it was in Canada, we would be able to know right? Now, it's offshore, god (and CEO) knows where. And you don't think I will look at Director ownership of shares? Directors own

[TSX2016]

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[lnvestor198]

Well the fundamentals suck.  Something about 3 to 4 Billion in Debt, Shrinking Rvenue and No Profit.

[TSX2016]

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[heavyvolume]

TSX, good point about the blackout period.  Looks like the CEO did sell in August but no purchases by anyone except him at 1M last fall. Those are calculated in the 2.1M today, which is now 1.5M or so shares in the dark Ontario company that appears to have "skipped town", so to speak. The fundamentals look horrible at this point.  The only people bullish here are those

[TSX2016]

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[heavyvolume]

Don't focus on me.  Focus on the stock.  I'm a contrarian investor.  Bell BCE was a big winner.  A solid company that was in down sector, heavily shorted.  I researched, bought and ignored all the noise and pundits.  Teck Resources in 2009 and again early 2016 for another great recovery. On these highly shorted stocks, Strong & growing insider ownership

[patenright11]

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[TSX2016]

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[heavyvolume]

Here are some links that validate something is seriously wrong here. https://opengazettes.com/gazette_notices/376949583 Company createed in Cayman Islands Feb 25 2016. SEC 6-K filed in April 2016 - this is official Concordia regulatory filings. This mysterious offshore company is real and has been disclosed. Why is it off-shore? How many CEOs do this? Never see this in my life. https://www

[Lemerson]

heavyvolume wrote: Here are some links that validate something is seriously wrong here. https://opengazettes.com/gazette_notices/376949583 Company createed in Cayman Islands Feb 25 2016. SEC 6-K filed in April 2016 - this is official Concordia regulatory filings. This mysterious offshore company is real and has been disclosed. Why is it off-shore? How many CEOs do this

[argentia77]

Canada Revenue Agency has something to say about that.  https://www.cra-arc.gc.ca/gncy/lrt/vvw-eng.html "Tax avoidance occurs when a person undertakes transactions that contravene specific anti-avoidance provisions. Tax avoidance also includes situations where a person reduces or eliminates tax through a transaction or a series of transactions that comply with the letter of the law but

[argentia77]

has2bshasta wrote: heavyvolume wrote: According to Capitolist on SeekingAlpha "On March 31st, 2016 the "Marchs de valeurs et des instruments drivs" (page 468) posted that the CEO of Concordia International had transferred 100% of holdings into "2496544 ONTARIO LTD."" Recap: March 14th, 2016

[PROtrading]

heavyvolume wrote: According to Capitolist on SeekingAlpha "On March 31st, 2016 the "Marchs de valeurs et des instruments drivs" (page 468) posted that the CEO of Concordia International had transferred 100% of holdings into "2496544 ONTARIO LTD."" Recap: March 14th, 2016 2496544 ONTARIO LTD. was registered in the Cayman Islands

[LaticelnExile]

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