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Bullboard - Stock Discussion Forum Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s):  PKKFF

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub... see more

CSE:PKK - Post Discussion

Tenet Fintech Group Inc. > Yikes 2 buck chuck
View:
Post by Nakate on Jun 10, 2021 6:59pm

Yikes 2 buck chuck

https://webfiles.thecse.com/sedar_filings/00027164/2106101348011773.pdf
Comment by lscfa on Jun 10, 2021 8:26pm
The bozos took so long diddling with amended fins, French translations, Nasdaq correspondence that they let the damn stock price slip. Should have been done at $2.50 per share, not per unit. 
Comment by lscfa on Jun 10, 2021 8:32pm
The bums filed mgmt circ today too for June 30 mtg. That makes 4 mtgs in 12 months. Suggests the bozos do not know how to plan.  
Comment by lscfa on Jun 10, 2021 8:37pm
Prospectus first filed March 11, 2021.    Share price closed $2.88 that day.
Comment by Champ87 on Jun 11, 2021 8:38am
20M vs 25M shares dilution. Doesn't change much on the big picture if they execute. No bozos here.
Comment by joystocks on Jun 11, 2021 8:25pm
Who cares really... things happens and no doubt a few mistakes were made but this was mere pennies 6-12 months ago.  Remember they have the warrants priced at $3.50 so we get an additional $40M+ cash when they are exercised (providing they they did the max 25M share offering).  I'm long on Peak and a year from now these so called bozos will show the true value of TNT.  
Comment by TriumphSpitSix on Jun 15, 2021 1:01pm
Yep, should be another ~$44M and I would be very surprised if the offering isn't maxed out at the 25M units / $50M cash level.
Comment by TriumphSpitSix on Jul 07, 2021 2:22pm
Wow, oversubscribed even more than they initially anticipated. The booking agent made out like a bandit though. 1.84M warrants and $3.7M in cash? Holy shhit. That's "one deal and retire" kind of money.
Comment by TriumphSpitSix on Jul 07, 2021 2:24pm
And now without further ado, let the news cycle begin!
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