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Trez Capital Mortgage Investment Corporation Class A Shares T.TZZ

"Trez Capital Mortgage Investment Corp is a non-bank commercial mortgage lender. The company provides residential and commercial short-term bridge and conventional real estate financing that includes construction and mezzanine mortgages. It also provides its investors with strategies to invest in a variety of mortgage investment funds and investment assets. The company also finances for commercial properties throughout Canada and the United States."


TSX:TZZ - Post by User

Comment by Tealeaf1on May 10, 2016 3:58pm
141 Views
Post# 24859173

RE:RE:RE:RE:RE:RE:Orderly Wind-up of TZZ just announced this morning

RE:RE:RE:RE:RE:RE:Orderly Wind-up of TZZ just announced this morningYes, well I sold off half my holding before this came out at Break Even and looking to get the balance out
at a higher break even. At least I got my Interest.
These guys are to be avoided hence forth in terms of their client relationships, esp. since the attacking group are clearly more sophisticated with deep pockets unlikley also to re-invest.
It will be interesting to see if any dough left to continue paying high interest when their 1st Quarter Financials come out DUE NOW.
Let's keep ourselves posted here when this comes out.

Cheers
Tealeaf
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