Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Dynamic Technologies Group Inc - Class A ERILF

Empire Industries Ltd designs, fabricates, manufactures, erects and sells proprietary engineered products internationally. It operates in the segments of Ride-Systems Manufacturing, Parts & Service and Corporate & Other segments. These include Design and manufacture complex ride systems, Provider of parts and maintenance services to existing ride systems. The group operates its activities internationally.


OTCPK:ERILF - Post by User

Comment by jmcoilon Sep 06, 2017 12:44pm
99 Views
Post# 26661886

RE:Rights offering

RE:Rights offeringReminds me a bit of IBG a bit about three years ago.
Stock was trading around 2.40, rights offering to shareholders at 1.60.
Stock fell to the 1.60 level for a bit. After the rights offering closed and business improved stock now trades at 6.60.
Different businesses but both with large insider share holdings and improving business prospects at the time.
Make of it what you will but I think the situation is somewhat similiar.
I think this is a dramatic game changer in an already improving business.

Bullboard Posts