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Bullboard - Stock Discussion Forum Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case... see more

TSXV:HIT - Post Discussion

Carbeeza Inc Com > News.... another consolidation!!!! Bad co
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Post by MakeMoney2000 on Sep 24, 2020 10:09am

News.... another consolidation!!!! Bad co

HIT Technologies Announces Details of Private Placement

https://money.tmx.com/en/quote/HIT/news/6726536274521557/HIT_Technologies_Announces_Details_of_Private_Placement

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Fist RS 20/1 second RS 2.5/1 equal with the original shares ratio 50/1 (multiply 20 by 2.5 equal 50) so a shareholder's with 50 000 share stay with 2500 share at first RS and with only 1000 shares after second RS. Very bad very....! If you pay your original share at .05 your cost now to was able to sell with no loss is 2.50$ amazing screw.

We don't know when the shares come back to trade and at witch price? Bad Bad co.
Comment by Shwayjao on Oct 07, 2020 7:20pm
A bad compnay? Yep, without a doubt. As for the second consolidation, I believe it will equal out and be the same. The original RS was a 20/1, which would leave 100,000 shares equaling 5,000 at a projected share price of about 40 cents (from within Carbeeza's worth value and share price at 40 cents upon the finished deal??). So, saying 5,000 X .40 = $2,000 Take it now to another RS of 2.5/1, ...more  
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