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Bullboard - Stock Discussion Forum TEKMODO INDUSTRIES INC RTS V.TEK.RT

Bullboard (TSXV:TEK.RT)

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Comment by jevson Jun 06, 2017 12:41pm

RE:RE:RE:Math

I thought so at first as well but I missed something. We are talking about three dirfferent things, Rights, Units and Warrants.  Even if you buy a right at .005 today you will still have to pay ...more  
Comment by KingBillon Jun 06, 2017 11:40am

RE:RE:Math

Sorry but I do not quite get your calculation.  If you buy the rights @0.005 and exercise it now, after consolidation you will end with 1 option (cost @0.005 and expire in 5 years) plus 1 share ...more  
Comment by jevson Jun 06, 2017 11:26am

RE:Math

Sorry 'bout that!  I made a mistake.  If you are buying the rights for .005 cents you will end up with post consolidtion shares at 5.625 cents.  So you are better off buying shares ...more  
Comment by KingBillon Jun 06, 2017 11:25am

RE:Math

Even if you buy @0.01, it is still worth in some measure:  You will have 1 option (buy @0.063 post consolidation in 5 years) and also 1 share (cost @0.0375 post consolidation)
Post by jevson Jun 06, 2017 11:14am

Math

If you already had the rights and take full advantage of them you will end up with post consolidation shares at .05 cents.  If you buy shares on the open market now at .02 cents you will end up ...more  
Comment by KingBillon Jun 05, 2017 9:17pm

RE:TEK.RT

Total 5 million traded today. TD, RBC and Leede devoured most of them. Do they know something we do not know????
Comment by KingBillon Jun 05, 2017 5:45pm

RE:definitely my worst performing stock

It is also my worst performing stock.  The management should have done a sales update to cover Apr/May so that people can regain some confidence.  Now investors must be wondering if TEK ...more  
Comment by BigMoneySniperon Jun 02, 2017 1:25pm

RE:RE:TEK.RT

I've been following the company since January and thought they brought on an 'experienced management team'. I've been disappointed so far in how management has handled everything but ...more  
Comment by KingBillon Jun 02, 2017 11:55am

RE:TEK.RT

That is also my concern.  It does not feel like a successful financing.  It could be the reason why they have assigned some stand-by buyers just in case. TEK is a business with huge ...more  
Post by BigMoneySniperon Jun 01, 2017 11:26am

TEK.RT

Rights and warrants are now trading at $0.005! Is anyone loading up at this price? Do you think it's a good deal or is it just not worth it?
Comment by KingBillon May 31, 2017 1:52pm

RE:Rights and Warrents.

Correct.  In addition, if you do want exercise it, you can sell your R/W @0.005 right now. It is kind of a bonus to shareholders.
Comment by ravens50on May 31, 2017 1:45pm

RE:Rights and Warrents.

Warrants.. spell check..
Post by ravens50on May 31, 2017 1:40pm

Rights and Warrents.

I know this has been beaten to death already, however I need it in very simple terms as I'm not very knowledgeable about rights and warrents. My rights showed up in my account.  If I want to ...more  
Post by KingBillon May 31, 2017 11:37am

Qtr 1 Finance is out...

Not very pleasent.  Hopefully they can do better next time....
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