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TEKMODO INDUSTRIES INC RTS V.TEK.RT



TSXV:TEK.RT - Post by User

Comment by BigMoneySniperon Jun 21, 2017 5:52pm
68 Views
Post# 26389871

RE:RE:RE:RE:RE:RE:Have I made a HUGE error?

RE:RE:RE:RE:RE:RE:Have I made a HUGE error?If you bought TEK.RT you only bought the rights to subscribe to the offering that is expiring June 26. If you do not exercise your rights before then, the rights expire and become worthless. If you have not already, you need to subscribe to the offering, I had to call my broker to do this, and pay $0.015 per right you'd like to exercise. Sounds like each broker has a different cut off date so look into it ASAP. So if you bought 10,000 TEK.RT, you'd have to pay an additional $150 to subscribe to the rights and actually get the shares, otherwise your rights become worthless. In the end you are you are getting shares at the current market price but with a warrant attached! Great deal! Hope that helps! Anyone correct me if I'm wrong here
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