First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

Industrials Conglomerates

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 > F.A. Buys

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Comment by lotusprinceon Jul 05, 2013 1:11pm

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Post# 21591219

RE:F.A. Buys

FA and his team had same amount of shares at start of last quarter (1-Apr-13) so I assume this is Allana management awarding themselves at cost of shareholders dollars.

Frankly, with SP so low it is good for management as they prorata their bonus on options and award themselves.

This is bad news for Allana as it shows greedy side of management. It would made sense to award management when there is sizeable material gains in capital or there is secured cashflow.

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