Parent Capital Corp V.PAR.H

Alternate Symbol(s): V.PAR.UN | PTSRF

Parent Capital Corp. is a Canada-based junior resource company. The Company is engaged in the evaluation, acquisition, exploration and development of international resource properties. The Company is inactive and is engaged in seeking an asset to acquire. The Company does not own any resource properties.

TSXV:PAR.H - Post by User

Parent Capital Corp

Bullboard Posts

Comment by YieldChaseron May 18, 2014 7:57pm

177 Views

Post# 22574585

RE:I agree 100%%, a lot of bad news has been discounted already

No cash on balance sheet, inability to increase existing LOC at 6% so they had to borrow $15M at 10%, same property NOI down over 5% year over year, OSC now monitoring situation, no more expansion and uncertainty over the latest acquisition all leaves one wondering where this REIT is headed.

If management honestly believed that stock price is too low then buying shares back is the prudent strategy, but that was not even announced.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?