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.

TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > AAA October company presentation used in Switzerland

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Comment by CarbonKingon Oct 04, 2013 9:39am

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Post# 21790621

RE:RE:RE:AAA October company presentation used in Switzerland

Riddick_2013 wrote:
$21.6million cash on -hand as of April30, 2013......how much cash end of September 30, 2013?

Anyone know?

Cash burn was between 500.000-1.000.000 USD per month, so should be between 16.5 and 19 Million left. Management is also working to reduce the monthly cash burn in the "frozen" period (until financing agreement).

Either way, enough to not worry about a PP for the moment and continue the progress of securing financing and establishing a JV.

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