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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.


TSXV:TLC.P - Post by User

Timeless Capital Corp > What will it take...
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Comment by desertmuleon Jul 21, 2011 2:56pm
195 Views
Post# 18858098

RE: RE: RE: RE: RE: RE: RE: What will it take...

RE: RE: RE: RE: RE: RE: RE: What will it take...Regarding flow through shares....first I'm not an expert...personally I don't like to see a company issuing a lot of these type of shares....its a great way for the company to raise money as the investor (Canadians only) get a tax slip and can use the investment as a right off.  As such any profit must be declared and as such can be sold cheap as the investment was a write off.  Cost of the share means nothing....except the number of shares you get for a certain amount of money......in other words the investor can't really loose as long as the stock is trading.  Who really benefits...the Company first , the investor second as the write off may lower the amount of tax he pays..........the ordinary investor will buy these shares and wonder where all the supply is coming from.........
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