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 BigBallerson Sep 28, 2009 10:08am

301 Views

Post# 16343392

RE: RE: Holding til drilling

As of July 31, they had 3million in cash or so. They should still have most if not all of this cash. Since they didn't do much during this time period.

Even if they don't have a lot of cash, the finance from ChinaCo will fund quite a bit for this project + the PP with ChinaCo which would net them another $4.5million.

Overall, cash wise they should do just fine.

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