Northstar Clean Technologies Inc V.ROOF

Alternate Symbol(s): ROOOF

Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use asphalt shingles, and extracting the liquid asphalt for use in new hot mix asphalt, shingle manufacturing and asphalt flat roof systems, and aggregate and fiber for use in construction products and other industrial applications. It plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at both its Empower Pilot Facility in Delta, British Columbia and its commercial scale-up facility in Calgary, Alberta.

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Northstar Clean Technologies Inc > The seller continues to pressure the market

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Comment by lscfaon Mar 16, 2022 8:43am

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Post# 34517747

RE:RE:RE:RE:RE:The seller continues to pressure the market

On December 23, 2020, pursuant to the Empower Amalgamation, the Company issued 44,331,147 Northstar Shares in exchange for 40,988,577 Empower Shares held by the former Empower Shareholders.

lscfa wrote:

As the Company anticipates being an “emerging issuer” as defined in NP 46-201 and a “Tier 2 Issuer” under the policies of the TSXV, the following automatic timed releases pursuant to the NP 46-201 Escrow Agreement and the TSXV Escrow Agreement are expected to apply to the Escrowed Securities held by its principals and certain non- principals who are subject to escrow:

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(a) 10% of the Escrowed Securities on the Listing Date;

(b) 15% of the Escrowed Securities on that date that is six months from the Listing Date;

(c) 15% of the Escrowed Securities on that date that is 12 months from the Listing Date;

(d) 15% of the Escrowed Securities on that date that is 18 months from the Listing Date;

(e) 15% of the Escrowed Securities on that date that is 24 months from the Listing Date;

(f) 15% of the Escrowed Securities on that date that is 30 months from the Listing Date; and

(g) all remaining Escrowed Securities on the date that is 36 months from the Listing Date.

trader53 wrote: Before being reorganised this Company was supposed to enter the blockchain world. Things fell apart and many shareholders including the founders were sitting on a pile of stock. House 33 raised money at a nickel and at fifteen cents. One of the founders didnot get involved with roof and my guess it is this founder who has been monetizing his position of founder shares. I spoke to Sedun and he admitted there was a huge seller but was not sure who it was. That sent the red flags up for me as there are no institutions in this stock so they could simply look at their shareholder record to determine who owns in excess of 5,000,000 free trading shares. Go back and review the trading by house you will see the patterns. I have watched every trade for months and this seller leaves a very obvious pattern of selling.