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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 > Trading halt
View:
Post by eroy123 on Jul 02, 2021 5:15pm

Trading halt

Does this mean that I might get a little back on this stock? What are they doing with the shares from hit or are they gone ?
Comment by lscfa on Jul 02, 2021 6:20pm
In conjunction with the Transaction, the Company effected a consolidation (the "Consolidation") on a 2.5-old for 1-new basis. On a post-Consolidation basis, the Company has issued an aggregate of (i) 40,000,000 common shares to the founders of Carbeeza; (ii) 6,220,000 common shares and 6,220,000 share purchase warrants to the shareholders of Carbeeza who participated in the private ...more  
Comment by MakeMoney2000 on Jul 09, 2021 11:32am
I see in my broker account name is not Hit technology but now is Cabreeza inc. and the ticket symbol is 14564J-C probably temporary before AUTO-C so probably come back on the market soon.  I guess reopen at .25 and you? Now I have just 6000 share.... at 1.50$ average per share....! I bought 300000 shares at .03 in 2018 for 9,000.00$ Very bad. I hope recovery at least half of my ...more  
Comment by Gpoon30 on Jul 10, 2021 10:19am
Its an entirly different company now, hard to say how much it is worth.  It was a reverse takeover meaning Carbeeza just wanted to go public without going through the expensive IPO process.  They just bought HIT as a shell company so they could become public then change their business.  the last document aid they will resume trading in July so it should be soon.   
Comment by lscfa on Jul 10, 2021 2:10pm
Carbreeza did a financing at $0.40 and that is the exchange rate for HIT shares so start trading at $0.40......
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