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Teekay Tankers Ltd V.TNK


Primary Symbol: TNK

Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.


NYSE:TNK - Post by User

Comment by Steve888on Jul 23, 2016 10:43pm
143 Views
Post# 25079167

RE:Strong fundamentals for SPZ

RE:Strong fundamentals for SPZ Totally agree. After completed PP at $0.05 and just started the partnership to do the business with UMG and Cowboys, I personally think the share price could jump up to $0.05-$0.10. 


SuperMoney wrote:
Highlights: (1) On February 19, 2016, the Corporation completed the arms length acquisition of substantially all of the assets of Spriza in exchange for 55,000,000 common shares. Upon completion of this acquisition, the Corporation completed a private placement for an aggregate of 22,825,000 shares at a price of $0.05 per share for gross proceeds of $1,141,250. (2) In June 30, 2016, Spriza Media Inc. was pleased to announce it has signed a partnership agreement with UMG Events (UMG), a major player in the e-sports industry. UMG is one of the largest e-sports tournament companies in the US. UMG offers both land based tournaments as well as online contests. To date UMG has completed more than 8,000,000 matches through both their website, www.umggaming.com website and land based tournaments. (3) In June 24, 2016, Spriza Media Inc was pleased to announce it has signed a partnership agreement with Cowboys Calgary (Cowboys), part of Penny Lane Entertainment Group. Cowboys is a mogul in media and events in Calgary and nationwide, with business in events, casinos, concerts, nightclubs, restaurants, and lifestyle brands. (4) For the three month period ended March 31, 2016, the Corporation generated $9,000 in revenue, compared with $Nil in the same three month period in 2015. The Corporation expects revenues to continue to increase over the next quarter. With the acquisition of the assets closing at the end of February, the Corporation essentially operated the assets for one month in the first quarter of 2016. This is only my opinion, not a financial advice.


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