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RBI Ventures Ltd. V.RBI.H

RBI Ventures Ltd is looking into new business opportunities.


TSXV:RBI.H - Post by User

Post by ShellsRFun69on Apr 23, 2018 7:21pm
152 Views
Post# 27929359

I am guessing we will get News tomorrow ...

I am guessing we will get News tomorrow ...... but what will the news be? 

It could be that the company does not know of any material changes to explain today's share price activity. If this is the news, then we open up tomorrow and trading resumes. Usually share price crumbles after these type of statements are released. The fact the company did not respond with this type of release today makes me think there is something brewing behind the scenes which is why the AGM which was originally slated for May 14th has been amended to June 4th and changed to an annual general and special meeting. I am not pumping V.EUK. I already have a big position and it is halted pending and RTO that was announced in February. The shares are expected to trade late June after the deal is reviewed and accepted by shareholders and the exchange. Take a look back at V.EUK's November 27th release where the company telegraphs to the world they are looking a projects, business opportunities to give the shell a life. NOTE: I am not pumping V.EUK. I am long a pile of shares and very mich looking forward to the resumption trading even after consolidation of shares is taken into account.

I bought shares in V.RB because of the similaraities to V.EUK. V.RB looks to me like its owners are ready to give the shell a life. Thus, it is entirely possible that the release may have a little more substance behind it and the company has an update for shareholders that had to be drawn up for all shareholders to have access too. If this is the case, it is possible the halt stays in place for a while until the details of a deal are announced to the public and gets the necessary shareholder/exchange approvals. 

Either way, i am glad to be a shareholder because this shell is nice and clean, has a group of major shareholders that have a history of generating successful deals. Can't wait to find out their plans for V.RB.H.

Don't listen to me though. I'm a novice investor.

ShellsRFun69
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