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Bullboard - Stock Discussion Forum Captor Capital Corp. C.CPTR

Captor Capital Corp. is a Canada-based investment firm focused on the cannabis sector. The Company's principal business activity is the retail sale of cannabis products. The Company has a retail license for selling of cannabis products in the state of California, United States. The Company's segments include Canada, United States, and Other. The Company provides recreational cannabis products... see more

CSE:CPTR - Post Discussion

Captor Capital Corp. > You've been ZORBA'd
View:
Post by McRambus on Jul 19, 2022 11:55am

You've been ZORBA'd

I know I'm talking to the crickets here but lets follow the foosteps and have a laugh.

First.....it was call Northwestern Minerals. Shsreholders got wiped out

Then.....it was called NWT Uranium. A mish mash of mining holes including Uranium in....Vietnam. Over $25 million in cash at one point. All vanished into thin air shareholders lost everything. 

After that...they magically emerge as a WEED player. Now that it's no longer the flavour of the month it is....

Now....yet another reverse merger and now this is a wheel supplier for cars? Well, EVs are the flavour of the day, right? After the dilution shareholders of Captor will be down 90%. I am sure Zorba will come out glowing yet again.

Can you make this stuff up?
Comment by wembley on Jul 19, 2022 12:48pm
Dont forget about the dividend that will be paid out. I wonder what the short position is  ; )
Comment by GoBigGoHome99 on Jul 20, 2022 4:44am
Thank you for this synopsis. Very helpful. they raised money last year at 90c with 1/2 warrant at a depressed level versus share price. Who are the big shareholders? I doubt Zorbas own much stock (but gives Himself options and warrants). Doesnt Sol Global own 15%?  why pay special dividend and not just buy back shares? are there not other assets within Captor holding company ...more  
Comment by McRambus on Jul 20, 2022 7:45am
Share buyback on paper that is worthless is not prudent. Also any dividend will come after debts, lease obligations and payables are settled. Not much will be left after that. SOL owns 15% and must have been high on weed taking part in the PP last year. Many people got sucked in at the beginning of the weed bubble including investment funds from Alberta. Who knows who's still left in this ...more