GREY:ISYRF - Post by User
Post by
barneyj44on Mar 26, 2016 2:10pm
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Post# 24702039
A little History on Stonehouse Capital, for new investors
A little History on Stonehouse Capital, for new investors
Back in 2013 they added some of there members to the Board and got rid of a couple, Tracy Rees being one of them and he stayed on as Ceo. The link below will give some insight. https://www.newswire.ca/news-releases/stonehouse-announces-acquisition-of-common-shares-of-intrinsyc-software-international-inc-512031591.html Stonehouse seeks to identify and take positions in companies with some combination of the following attributes: -Quality core product or service Ignored by Bay Street and/or out of favour with institutional shareholders yet too small for individual investors to effect change -Lack of understanding of capital markets, poor operational reporting and/or weak strategic planning capabilities -Disjointed operations that are likely the result of a track record of misguided acquisitions -Minimal insider ownership evidencing an absence of shared objectives with shareholders Market capitalization of $5 to $20 million -Potential catalyst to either unlock value or allow business to grow -Ideally strong balance sheet and/or hidden assets Once a postion has been obtained Stonehouse will seek to engage with management in an effort to see shareholder value maximized.