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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

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

Post by The_Hawkon Dec 02, 2013 6:29pm
392 Views
Post# 21961868

New Presentation

New PresentationIt is interesting that they did not update their cash position beyond July in their December presentation. They do state that they have enough cash to get to the next step though but I suspect they have tapered activities back a lot to ensure they have some staying power.  It is hard to believe in this market that anyone is going to pay much more than their current price if they go to market with equity as they will never be able to raise what they need in the debt market.  I think I will wait for the next injection to be priced and in the bank and buy at that time rather than take a chance now.  I have already been burnt once by buying in before the financing is done on another stock.
GLTA

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