Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum RBI Ventures Ltd. V.RBI.H

RBI Ventures Ltd is looking into new business opportunities.

TSXV:RBI.H - Post Discussion

RBI Ventures Ltd. > Just contacted Mr. Notman
View:
Post by sebspeed on Dec 11, 2018 2:50pm

Just contacted Mr. Notman

Just emailed Hugh, asking about the motive behind doing a reverse split without a deal on hand.

Even though he can't disclose any material information, he mentionned that the reverse split was done in order to be more appealing to a potential company that would like to proceed with a transaction.

Time will tell if it was a good strategy!
Comment by Investorwhome on Dec 11, 2018 3:11pm
Wow what BS so we all take a 40% hit ... after buying in early ...  i hate to say it, but it looks like we bet on the wrong Hugh errr horse
Comment by BigPop18 on Dec 11, 2018 3:23pm
Thanks for reaching out to Hugh, Sebspeed. I still believe that Hugh did the 1:25 to appeal to the company that he's already done the deal with. Not that he's going to look around for a company that will find this structure appealing. (eg) Your real estate agent says the fare market value for your house is $500k but the market is strong enough to possibly get $600k. You don't list it ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities