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Bullboard - Stock Discussion Forum 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... see more

TSXV:ROOF - Post Discussion

Northstar Clean Technologies Inc > over 800,000 shares traded
View:
Post by trader53 on Dec 06, 2021 12:50pm

over 800,000 shares traded

Seller continues to offer shares at .26. Level two shows one seller for 14 levels at 1/2 cent levels. On the 14 levels only three other houses have sell orders for less than 20,000 shares total.
Comment by lscfa on Dec 06, 2021 1:19pm
As the Company anticipates being an “emerging issuer” as defined in NP 46201, the following automatic timed releases are expected to apply to the Escrowed Securities held by its principals who are subject to escrow: (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 ...more  
Comment by lscfa on Dec 06, 2021 1:23pm
The following table sets out the securities of the Company held by principals which are expected to be Escrowed Securities held in escrow pursuant to the terms of the Escrow Agreement to be entered into in connection with the Listing:   Northstar Shares 23,384,687 Northstar Options 2,750,000 Norhtstar warrants 75,000 Empower warrants 806,048    
Comment by trader53 on Dec 06, 2021 3:46pm
We know the principals are not selling there was a 7,000,000 share block held by a previous insider and those are the shares that are being sold into the market. I cannot believe that roof didnot deal with this block up front. Whats worse is they thought the market would take care of it. Insiders have been buying at much higher levels which tells me that they were not concerned with this seller or ...more  
Comment by lscfa on Dec 06, 2021 3:49pm
The good news is co. has lots of cash so no need to do a financing at these levels. Stock could spring back once these idiot seller is gone. 
Comment by lscfa on Dec 06, 2021 5:51pm
the predecessor co. was a blockchain co. so legacy shareholders probably have no interest in asphalt shingle recycling and have no clue how to value such a business.     
Comment by trader53 on Dec 06, 2021 7:02pm
Agreed this is not about the seller its about Roof not dealing with this block of shares which they must knew existed.
Comment by SIGG1 on Dec 06, 2021 7:52pm
I don't think insiders look at the current share price the same way you are. For them (and for me) it doesn't matter if they bought at .31, 35, or 40 even as the stock keeps drifting down, I'm sure they will keep buying more if it keeps dropping because they have a plan for this business and they plan to execute it.  Long term they know that the share price could go much higher ...more  
Comment by trader53 on Dec 06, 2021 8:05pm
Lets see I posted the selling of my position and that same post i disclosed my sale and my willingness to re-enter the trade at .25. Did I re-enter my position at .25? Yes I did! I am not a daytrader but I do watch my Venture stocks closely as they do offer the highest amount of risk. IMO if you are investing in Micros on a buy and hold strategy good luck to you. My position was in excess of 100k ...more  
Comment by throwaway11 on Dec 15, 2021 2:25am
I don't know who the seller is, but the entire small cap market looks like this right now. Companies, some which already have great fundamentals as well as good speculative potential, are being sold down to completely insane levels even as insiders at many of these firms are buying their own company. Those include, just off the top of my head without looking, -This one -Willow Biosciences ...more  
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