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Bullboard - Stock Discussion Forum Braxia Scientific Corp C.BRAX

Alternate Symbol(s):  BRAXF

Braxia Scientific Corp. is a Canada-based medical research and telemedicine company with a clinic that provide ketamine treatments for persons with depression and related disorders. Through its medical solutions, it intends to reduce the illness burden of brain-based disorders, such as major depressive disorder, among others. The Company is primarily focused on owning and operating... see more

CSE:BRAX - Post Discussion

Braxia Scientific Corp > Shrm price
View:
Post by BullishCrowftw on May 01, 2021 7:57pm

Shrm price

Easy double within a few months from current levels, cant wait to laugh at all the bashers soon hahaha

guess some people went all in pre hault with no powder left to average down or already sold at a loss lol
Comment by newcoin on May 02, 2021 10:22am
You're correct, 10M shares were sold at a loss, before the end of last year. Investors thought SHRM would never come back so best to sell, for nothing, to the broker and be able to claim a capital loss. Share Cancellation 'In addition, effective April 12, 2021 , the Company received voluntary contributions of capital from existing shareholders, resulting in the cancellation of 9 ...more  
Comment by newcoin on May 02, 2021 10:29am
So investors thought SHRM was worthless, so gave shares away to get a capital loss for 2020 tax year. If they had big capital gains to deal with this may have helped them deal with the tax problem. But now, SHRM is a going concern and they can't get their shares back. The good part for the shareholders now is our equity is higher because dilution went down.
Comment by newcoin on May 02, 2021 10:37am
The 10M shares would simply have been cancelled. The broker has already charged a fee for this service. It would now be unconscionable to profit off their clients' losses.