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Buzz Capital Inc V.BUZ.P

Buzz Capital Inc. is a Canada-based capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction (QT). The Company has not commenced operations.


TSXV:BUZ.P - Post by User

Comment by kidl2on Nov 10, 2019 12:14pm
149 Views
Post# 30332905

RE:Surprise, Surprise -There is a Buzz Capital 2 Inc – BUZH.P

RE:Surprise, Surprise -There is a Buzz Capital 2 Inc – BUZH.P
Two more (possible?) items of interest:
 
BUZ.P had close to $650,000 in cash as of June 30/19 and given historic expenses, should have $600,000 plus right now which translates to approximately $0.07 per o/s share. This money belongs to current shareholders. Will it be returned?
 
According to my broker … Given the current “halted” status (it's not on the official "Cease Trade" list), BUZ.P is not eligible for a capital loss write-off at this time.

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