Microbix Biosystems Inc. T.MBX

Can Someone Explain Where they get the Shares From - US List

[spirdolai]

Where do the shares come from, do they give back some of the Canadian Shares and re-issue them in the US. or , and I do smell a rat here. Is this the way of diluting Your Shares once again.

And yes, I said your shares. You are all shareholders. 

If they burn Canadian Ones and re-issue them in the US , I am in favor. If they issue more shares then this is a travesty.

RJC - telll us what they are thinking.

[lscfa]

Shares are shares. They have no national designation. They can be traded in Canada or the US.

[spirdolai]

Iscfa, not sure you are correct here. So at this time if I want to sell my 2 million shares in the US market, your telling me I can.? Let me know.

[lscfa]

Yes.   https://www.otcmarkets.com/stock/MBXBF/overview  

[lscfa]

Close Prices Last 3 Months Price/volumes not adjusted for restructures Date Ex Sym Open High Low Close Chg Vol #Tr Bid Ask 2020-07-13 Q MBXBF   0.216   0.05 100.00 2020-07-10 Q

[spirdolai]

This is old news then, it seems its been trading there for quite some time.

[RazeKreations]

I believe that they are all the same shares. Just gives US customers access to market in American dollars to make it easier to conform to US tax and investment laws and controls. IMO

[lscfa]

Electronic clearance should improve volume in case you want to dump your 2 million shares in 1 shot......

[spirdolai]

No, I have always said that I will start to sell them at 1.55 in 15,000 share lots. That is my goal and will continue to strive for this. Its been quite a few years since I have mass accumultated them and I dont want to unleash them all in 1 shot. Will not accumulate any more, as they just keep issuing more shares at my expense and my piece of the pie continues to get smaller. I keep voitng for