North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

Financial Services Asset Management

North American Financial 15 Split Corp. is a mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends, the amount of which is fixed on an annual basis and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.

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North American Financial 15 Split Corp > If A's are split...

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Comment by Nakateon Dec 13, 2024 12:29pm

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Post# 36361229

RE:RE:RE:If A's are split...

this is not 2019 unless you consider bit coin a systemic virus. I see this as a rebalancing, a few holders put their share in for retraction, the comapny then had to raise some money to pay the holder's and then sell those shares back into the market at what looks to be a discount due to shorting and panic selling.

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