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Purpose Cash Management Fund Class A V.MNY


Primary Symbol: T.MNY

The fund seeks to earn a high rate of income To achieve its investment objectives the fund may invest in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, high interest deposit accounts with one or more Canadian Chartered Banks and/or Canadian Credit Unions, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations and securities of money market funds. Investments made by the fund will be in the top two ratings categories of any of the designated rating organizations (as defined in NI 81-102).


TSX:MNY - Post by User

Comment by b2b2025on Feb 06, 2019 2:39pm
20 Views
Post# 29327698

RE:RE:about to EXPLODE!!! bid at .09 today

RE:RE:about to EXPLODE!!! bid at .09 today
What's the big news coming Momo14??? Please share!! Hopefully it's about the mill starting up and seeing some revenue coming in........It's great that the first the tranche has been closed, but fundamentally what will change in this business if they can't produce any operating significant revenue. This positive cash flow from the financing activities will get burnt up in operating expenses(general and administration expenses alone) and the share price will eventually tank back down to 0.03. Not to mention that the additional common shares issued from the PP will dilute the SP even further if the fundamentals of the business don't improve from the gain of the PP ... $0.08 is this the best SP we will get all year?
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