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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. > Subsequent Events
View:
Post by ChinookGeo on Jan 29, 2021 1:09pm

Subsequent Events

20. Subsequent events Subsequent to September 30, 2020, the Company sold a total of 1,154,000 common shares of Algernon at an average price of $0.39 per share and a total of 1,695,000 common shares of HAVN at an average price of $1.08 per share. On November 12, 2020, the Company purchased 2,857,143 units in the capital of Alpha Esports Inc. for a total cost of $1,000. Each unit consists of one common share and one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share at an exercise price of $0.50 per common share for a full warrant for up to two years from the date of issue
Comment by Stockieee on Jan 29, 2021 2:17pm
How much cash is left? Some trading on the OTC, seems to be establishing a base. I don't have time to read over the info on sedar. What do you make of it?
Comment by ChinookGeo on Jan 29, 2021 3:07pm
As of September 30th, 13.5 cash 12.6 Equity investments 1.6 other assets So assuming they flipped the cash from proceeds of AGN and HAVN straight into Alpha Esports I assume current around the same mark. Again the snap shot is based on financials at September 30th. Need more information and update on investments to make that call.
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