GREY:CNTTQ - Post by User
Comment by
recreationtimeon Jul 09, 2020 2:11pm
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Post# 31246683
RE:TSX
RE:TSXIf you are interested in selling your shares and you have a substantial quantity let me know, I have a big appetite for risk and would be willing to take on a little more with Canntrust. I realize there is a cease trade order, delisted, lawsuits pending, etc, etc but I don't see why we couldn't have a lawyer draw up an agreement that says as of today you sell me your shares at market value (+/- 0.32). I pay you the money now so you know I'm not a fraud and you continue to hold the shares until they either
a) evaporate to zero - in which case you have your money and I'm the one losing the last $0.32.
b) they start to trade and I say sell - in which case you sell and pay me out.
Obviously we could have a clause for tax implications, maybe something like the law firm holds onto 50% of any gains to cover off your capital gain costs before the balance is released to me. Of course this is all assuming there is actually a gain. on the flip side I would want a clause for any capital loss claimed by you on that last $0.32 would come back to me.
Anyone else reading this with a substantial amount of shares that would be interested let me know and I will have my lawyer look into this. Never done it before, but I can't see why two people who know the risks can't enter into an agreement?
Regardless, good luck everyone.