First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

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First Tidal Acquisition Corp

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Comment by pangloss81on May 23, 2009 12:59am

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Post# 16011071

RE: RE: RE: SHELDON INWENTASH ACQUIRES SECURITIES

maybe i am from mars, but i have to admit that i had not heard of this gentleman until today. However, i do see that he has widespread insider holdings, including potash one, and that he has a pre-existing relationship with the folks behind AAA. He is considered an insider for dynamite resources, which is run by the same folks driving AAA.
https://www.sedi.ca/sedi/SVTSelectSediInsider?menukey=15.01.00&locale=en_CA

So, if he bought 3.5 mill shares, and the pp sold roughly 18 million, he took about 20% of the private placement. I am not sure if this is news--they are required to disclose it when somebody buys X % of a company.

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