GREY:BYGRF - Post by User
Post by
grasshopper1917on May 15, 2013 6:16pm
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Post# 21406352
TSX - Do they need listings this bad?
TSX - Do they need listings this bad? I have no idea why a company like this is allowed on the TSX. IPO sold shares for 2$ a piece. Company has reported of beween 31c per share to 54c per share each year in operation.
Now the company issue a million oftions at 33c a share and takes out a 25 million dollar loan at over 20%? Where did they go a pay day loan shop?
This is clearly a scam I have no idea how this can happen in wide open view. It is easy to blame it on the Chinese company but the reality is they have tonns of accomplicaes in Canada who are taking peoples hard earned money in this joke.
Anyway feel bad for the people who bought in at 2$. I would be very willing to bet this is gong to 0. Any takers? lol