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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

Post by demarkoon Jul 18, 2013 12:38pm
93 Views
Post# 21615884

JULY 24th next week

JULY 24th next weekPeople, this donkey is not dead yet. I will explain.

If you read the news release it states next week they will be court to apply for  CCAA protection. This will give TLC 30 more days to secure financing. This also can be extended. If the financing is not arranged then there will be a ruling on bankruptcy etc.

Its a long shot. But this was always a gamble.

D
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