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A2ZCryptocap Inc T.AZC


Primary Symbol: V.AZC.P

A2ZCryptocap Inc. is a Canada-based capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view of completing a qualifying transaction. The Company has no significant assets other than cash and proposes to identify and evaluate potential acquisitions or businesses with a view to completing a qualifying transaction. The Company has not conducted commercial operations.


TSXV:AZC.P - Post by User

Post by amateurhouron Nov 20, 2013 10:57pm
305 Views
Post# 21925675

first time seeing this company.

first time seeing this company.problems: 

1. financing (seems like they sorted that out today)
2. the EPA issue today.

however upon reading the statement the words that struck me were:
 "should not be permitted as proposed."

What I take from that is that if they changed their proposal they would be fine. Given that I haven't been watching this company for longer than..today... The CEO's comments that the EPA has done this before sounds like there's some bad blood between the two. This comment is synonymous with Gabriel resources earlier this year when the Prime Minister - in a off-hand comment - said that the biggest gold mine in Europe would not happen. The share price made a similar drop. Given the time and resources that this company has invested into this I really doubt they'll let this slide. I feel bad for the shareholders prior to this as one stupid report like this can tank so much money from your holdings. 
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