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Bullboard - Stock Discussion Forum RBI Ventures Ltd. V.RBI.H

Financial Services Beverages - Brewers

RBI Ventures Ltd is looking into new business opportunities.

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Bullboard (TSXV:RBI.H)

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Comment by rahtidon May 25, 2018 9:34am

RE:RE:RE:RE:RE:Consolidation

Hi BigPop. Right now RB is a shell company with no cash or business. Yes there's a possibility of Hugh and friends creating a new company from scratch but it rarely happens and they would have ...more

Discussion

Comment by BigPop18on May 25, 2018 7:32am

RE:RE:RE:RE:Consolidation

Rahtid : This is my first RTO so bare with me. Am I understand this right? You wrote: " because it will be effectively a new company they need shareholders approval for any initial consolidation. ...more

Discussion

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Comment by Jasontheveton May 25, 2018 12:56am

RE:RE:RE:RE:RE:RE:Consolidation

ya'll need to chill. There will not be a split for 25:1. I guess maybe 10:1....max

Discussion

Comment by BigPop18on May 24, 2018 9:41pm

RE:RE:RE:RE:RE:Consolidation

I agree with Shells. That was pointed out before. They didn't need shareholders permission to consolidate. A 25:1 would reduce the o/s count to 3.5 million. Is that really necessary? The company ...more

Discussion

Comment by ShellsRFun69on May 24, 2018 8:46pm

RE:RE:RE:RE:Consolidation

... yes, I am fully aware that a share consolidation is likely. But this proxy vote wasn't necessary the way I read things. They could have voted in favour of the initial resolutions and the new ...more

Discussion

Comment by casseon May 24, 2018 6:38pm

RE:RE:RE:Consolidation

Shell, You can be sure that there will be an R/S (float is too high right now for a new Co.) but like I said 25 to 1 is nothing if they have a good business.

Discussion

Comment by rahtidon May 24, 2018 6:07pm

RE:RE:RE:Consolidation

Shells, they did have to put out an additional proxy because the new articles do not address share consolidations. Because it will be effectively a new company they need shareholder approval for any ...more

Discussion

Comment by ShellsRFun69on May 24, 2018 5:13pm

RE:RE:Consolidation

... the proxy says they wish to approve a consolidation up to 25 old for 1 new. They also give themselves the flexibility to abolish the consolidation all together if management deems to be ...more

Discussion

Comment by casseon May 24, 2018 4:31pm

RE:Consolidation

Recently one junk ticker that I had did 2 R/S, one just before the RTO and the other R/S as part of the RTO for a total of 625 to 1, but even with that I'm pretty sure that I'll make some ...more

Discussion

Comment by Amostock89on May 24, 2018 3:59pm

RE:Consolidation

What does that mean

Discussion

Post by Massey7on May 24, 2018 3:50pm

Consolidation

On Sedar - 25 to 1 consolidation vote at AGM

Discussion

Post by BigPop18on May 24, 2018 5:58am

Tightly held ****

Not only do I see that the shares of RB are tightly held but so is information. Makes perfect sense as I'm sure a leak would cause a run and possibly jeopardize a deal. I have looked at 10 of ...more

123

Comment by BigPop18on May 23, 2018 6:25pm

RE:I was doing a little research on the weekend .....

I believe the last private placement was in April. At that time it looked like Percy Street was the only qualifying transaction. I too was stumped on the 3 corner amalgamation and hoped it was RB. I ...more

Discussion

Post by EnisaDon May 23, 2018 2:31pm

I was doing a little research on the weekend .....

A capital pool company such as Percey street must complete a qualifying transaction within two years . Now it looks like the deal with Livewell was announced a day before that two year time frame was ...more

Discussion

Comment by ShellsRFun69on May 23, 2018 12:59pm

RE:Waiting for another 20k to fill at 0.025

Good luck. Seems to be a few small lots coming out at 2.5 cents every ince in a while ao there is a chance you get a fill. I am getting excited for June 4th meeting. Mari Jane stocks getting a ...more

Discussion

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