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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 Ethanbrodie123on Jan 20, 2015 3:45pm
193 Views
Post# 23340799

more delays due to shareprice decline

more delays due to shareprice declineI believe that it is more the pushback of timelines once again that is the major material news here. One maybe positive is the potential of using royalty streaming companies to fund the rest, which would not dillute shareholders. (again more clarification needed.. but if that is the case, it could be very beneficial for investors) That strategy for the long term usually benefits the royalty companies but it is the prudent thing in our case because of the shareprice. It does not give up alot of producing cash flow per year but it gives up a little over a long period of time. 
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