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Bullboard - Stock Discussion Forum Coloured Ties Capital Inc. V.TIE

Alternate Symbol(s):  APEOF

Coloured Ties is an “investment issuer” listed on the TSX-V and invests in early stage and pre-ipo opportunities in emerging and exciting sectors. The Company utilizes Management’s deep contacts in the venture capital sector to identify and capitalize on early stage investments that are ethically right and offer tremendous returns. Coloured Ties invests in all sectors of the junior capital... see more

TSXV:TIE - Post Discussion

Coloured Ties Capital Inc. > Update on investments made by GRO
View:
Post by Stockieee on Jan 20, 2021 10:53pm

Update on investments made by GRO

1) Sweet earth holdings SE:Cnx 1 250 000 shares bought at .20cents for a cost of $250 000. Current SP is almost double the price purchased sitting at .37 cents. -So far so good on that one 2) Hempfusion CBD.U On August 13, 2019, the Company acquired 240,000 units of Hempfusion, Inc. at $1.608333 (US$1.25) per unit for a total cost of $386,000 (US$300,000) Current share price around $2.10 Again good on that one 3) first responder WPN:CNX On August 9, 2019, the Company acquired 3,000,000 units in the capital of First Responder Technologies Inc. ("First Responder") at $0.35 per unit for a total cost of $1,050,000 pursuant to a non-brokered private placement of $2,442,164 units of First Responder. This one took a bit of a dive and was sitting at .11 cents before it was halted back in early January. So again a lengthy halt from BullRun. Apparently the are working on a merger with AirBeam technologies, which I'm sure will give the SP a boost. 4) Algernon pharmaceutical AGN:CNX On November 1, 2019, the Company acquired 5,882,352 units of Algernon Pharmaceuticals Inc. ("Algernon") at $0.085 per unit for a total cost of $500,000 pursuant to a public offering of units of Algernon of approximately $2.07 million units. Each unit comprised of one common share and one common share purchase warrant entitling the holder to purchase one additional common share at an exercise price of $0.12 per common share until May 1, 2022. On February 20, 2020, the Company acquired an additional 2,000,000 units of Algernon at $0.085 per unit for a total cost of $170,000 pursuant to a non-brokered private placement of units of Algernon. The current share price is sitting around .27 cents So needless to say, that one's doing well. So hmmm almost doubled on 3 of the 4 investments. Question is, is something lining up here? I've giving up most hope for this Stock, but just maybe we will see some good news. 5) Quality green Inc. Chinook maybe you can help me with this one. I can't find any info on the stock in question. News is they are in the midst of a reserve takeover from Rockshield Capital. Has quality green ever traded or is it awaiting approval from the exchange. Alot of these are new companies began trading within the last year or so. Let's hope they were waiting for these Stocks to begin trading. Who knows if anything has been sold, or bought or what is going on with the rest of the money? Let's hope we have 10+ million left in the kitty. I see this trading soon and I see an open of 4.5 cents . Thoughts?
Comment by pullsea on Jan 21, 2021 12:03am
thanks for posting this most informative note. I don't have anyway to conduct any diligence to confirm or complete your numbers. Thanks for posting.
Comment by Stockieee on Jan 21, 2021 2:10am
source of purchases https://www.newswire.ca/news-releases/growmax-receives-tsx-venture-exchange-conditional-approval-of-previously-announced-change-of-business-811800835.html Of course very old news. But speaks of the investments, which most are doing ok
Comment by Stockieee on Jan 21, 2021 2:11am
OTC has been holding .02 bid .05ish ask. Guestimate off that
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