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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp
Bullboard Posts
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(2)
•••
Comment by frankbankeron Mar 28, 2012 5:13pm
224 Views
Post# 19730272

RE: RE: RE: RE: RE: 2 year chart has support at .4

RE: RE: RE: RE: RE: 2 year chart has support at .4

Lord E, you touched the point I was hesitant to make and bring up....eventually if there is potash in the ground and money to be made by a major, they will buy AAA out.  The problem is, if they get too low, financing via their shares will be a problem and they turn into another MAA.  Great project, but could not get the financing.

Farhad said they are on track for the 600 million debt financing, but I say I DO NOT TRUST ANYONE ESP HIM...until i see the contracts signed.  He proved that his word is not always trustworthy when he pulled that PP stunt a few months ago.  He will be happy with that tthough because the extra 25 million shares outstanding gets him and his crew an extra 2.5 million options on cheap shares for this year's stock option program.

I am stuck in this investment and hope for a buyout now or news that will propel us higher so I recover some losses.  Good luck to all.

Bullboard Posts
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