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News Focus

LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)

Bullboard - Stock Discussion Forum Premium Income Corp T.PIC.A

Alternate Symbol(s): T.PIC.PR.A

Premium Income Corporation is a split share company. The Fund’s investment objectives are to provide Preferred shareholders with cumulative preferential quarterly cash distributions of $0.215625 per share, representing an annual yield of 5.75% on the original issue price of the Preferred shares; to provide Class A shareholders with quarterly cash distributions of $0.20319 per share, and to... see more

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Bullboard (TSX:PIC.A)

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Post by BeyondValuezon Oct 30, 2024 9:03am

New Issue

Books are covered and most people might not be aware but the yield is rising to 8.5% a year, payable on a monthly basis.. This one is a keeper.

Discussion

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Post by PressReleaseon Oct 30, 2024 8:07am

New Press Release - Canadian Investment Regulatory Organization Trade Resumption - PIC.A

TORONTO, Oct. 30, 2024 /CNW/ - Trading resumes in:Company: Premium Income CorporationTSX Symbol: PIC.AAll Issues: YesResumption (ET): 08:00 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to...read article.

Bitcoin-Backed LQWD Technologies Lightning Network Infrastructure Surpasses One Million Global Transactions

posted Nov 21, 2024 9:00am by LQWD Technologies Corp.

Since deploying LQWD's Bitcoin Lightning Network strategy in November 2021, the Company's transaction infrastructure continues to experience strong growth with exponential growth in 2024. From January 1, 2024, to October 31, 2024 LQWD facilitated approximately 643,000 transactions, compared to approximately 112,900 transactions for the same period in 2023. ...read more

Comment by elonmuskrat247on Oct 29, 2024 5:32pm

RE:Do not understand

Agreed. This does seem to require more explanation from IR to investors than what is being given at this time. Mulvihill has been unclear on a few things leading up to this offering.

Discussion

Post by Donwaanon Oct 29, 2024 5:00pm

Do not understand

They just consolidated the A shares to equal the post retracted number of preferred shares and now they are doing an offering increasing the number of preferred shares. Will more A shares need to be ...more

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Discussion

Post by wolverine99on Oct 29, 2024 4:20pm

Trade Halt

Is the halt on the Common in conjunction with the offering on the Preferred? Not sure why it would unless news on the Common is forthcoming. Not familair with the ins and outs, others here I am sure ...more

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Post by PressReleaseon Oct 29, 2024 3:37pm

New Press Release - Canadian Investment Regulatory Organization Trading Halt - PIC.A

TORONTO, Oct. 29, 2024 /CNW/ - The following issues have been halted by CIRO:Company: Premium Income CorporationTSX Symbol: PIC.A All Issues: YesReason: Pending News Halt Time (ET): 3:19 PMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly...read article.

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Post by PressReleaseon Oct 29, 2024 3:28pm

New Press Release - Premium Income Corporation Announces Overnight Offering of Preferred Shares

Not for distribution to U.S. newswire services or for dissemination in the United States.TORONTO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- (TSX: PIC.PR.A) – Premium Income Corporation (the “Fund”) is pleased to announce that it is undertaking an overnight treasury offering of Preferred Shares (the...read article.

Post by Donwaanon Oct 28, 2024 10:58am

Mulvihill NAV update

To 10/24 NAV is $4.25 down 4 cents on the week.

Comment by jicoopon Oct 27, 2024 11:36pm

RE:RE:RE:Announcement

Yes, agree why PLEASED TO ANNOUNCE, this is a haircut any way you slice it. Only silver lining here is that didvidend rate was well above average for some time, and will now be more in line with other ...more

Discussion

Comment by oldbrit34on Oct 27, 2024 10:11pm

RE:RE:Announcement

A 20% haircut to the dividend usually means some selling pressure when the deal takes place on November 12th. Thus we could expect to see the share price fall , but by how much depends on how much ...more

Discussion

Comment by oldtrustguyon Oct 27, 2024 9:19pm

RE:RE:Announcement

Sorry my post did not come out as I listed it.

Discussion

Comment by oldtrustguyon Oct 27, 2024 9:15pm

RE:Announcement

Have I got this right?? On Friday 1000 shares would buy at 4.36 = $4360.00 now 670 shares divided into $4360 = $6.50 new share price to break even . 1000 shares paid .20319 paid per quarter = 203 ...more

Discussion