Carbeeza Inc Com V.HIT

Consumer Cyclical Leisure

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case with removable lenses; Hitcase SHIELD, a case that is waterproof and shockproof; and Hitcase SNAP, a case

TSXV:HIT - Post by User

Carbeeza Inc Com > maybe to go private

<< Previous

Bullboard Posts

Next >>

Comment by TheRevenant2016on Dec 11, 2017 10:38pm

104 Views

Post# 27135215

RE:maybe to go private

I am willing to bet they were waiting to see what kind of pre-launch order demand they were getting for new orders on the Iphone 8 and followed eventually by the 10 to assess their path forward.

TheRevenant2016 wrote:
maybe they have a white knight financier offering .10 a share to take it private
and buyout existing shareholders?

If it was a Reverse Split consideration (which I have opinionated would possibly be
forthcoming) they would have pre announced for that purpose IMO.
They didn't.
Could be general housekeeping
Who knows.

The company communicates zilch with its shareholdres.
Disrespects them completely from an update perspective
And creates zero news flow.
So visibility is non existent as is guidance.
Its like flying blind as an investor
Or flying by the seat of your pants and winging it
Still on any upside this thing is so priced for failure
at this bid and ask it will rally to some degree of valuation appreciation.

BB needs to go.
Full stop.