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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Bullboard Posts
Comment by intuition4on Oct 13, 2007 3:49pm
620 Views
Post# 13567366

RE: Missing the Boat

RE: Missing the BoatRe your question about the better investment: P and GBI are two totally different stories in my view. GBI is an "investment" because it is a profitable business with significant growth prospects including the recent purchase of CAD. P could not be considered an investment; it is a speculative investment or gamble because the company has never turned a profit, is cashflow negative, has to pay its bills to CAD and others in no doubt in cash, that is, not worthy of credit terms and will likely have to dilute its stock even more unless it starts to become cashflow positive. So there is nothing wrong with speculating on P as long as you know its a speculation. Personally I would rather find investments that are more stable, profitable and have serious growth prospects. Of note is the fact that this acquisition of CAD by GBI was done without dilluting the stock. Your choice. I owned P before and I may buy it again after the stock is watered down again with a further financing but at a much lower price. Remember according to tsx.com, P already has 89,495,458 shares outstanding. GBI has only 14,956,744 shares outstanding.
Bullboard Posts