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Bullboard - Stock Discussion Forum CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.

GREY:CNTTQ - Post Discussion

CannTrust Holdings Inc > TRST to CNTTQ
View:
Post by jonstud on May 29, 2020 12:55pm

TRST to CNTTQ

If i own shares of TRST bought on the toronto stock exchange.  Do i now own shares of CNTTQ?
how does that work?
Comment by MAX12345 on May 29, 2020 2:00pm
If you are a Canadian , you can't do NOTHING!!! 
Comment by Stalkhouse on May 29, 2020 2:37pm
This post has been removed in accordance with Community Policy
Comment by jonstud on May 29, 2020 2:42pm
That didnt answer my question.  If i bought shares of TRST on the canadian exchange,   Are they now still TRST shares,  or do i now own CNTTQ shares?
Comment by Stalkhouse on May 29, 2020 2:46pm
This post has been removed in accordance with Community Policy
Comment by jonstud on May 29, 2020 5:24pm
Thank you for your input!   I also noted that the vaughan facility application was put in 6 weeks after this one that just got approved so most likely in the next 2 months we will see the vaughan location get approved aswell.
Comment by jonstud on May 31, 2020 5:32pm
That is interesting.  I purchased shares of TRST a couple months ago on the TSX.   Now the shares are showing up  on my statement as i own CNTTQ.   Are you sure what you said is correct StackHouse?
Comment by Stalkhouse on Jun 01, 2020 9:42am
This post has been removed in accordance with Community Policy
Comment by jonstud on Jun 01, 2020 9:59am
Thank you,   I never owned stock in a company that this has happen to.   So all new for me.
Comment by Stalkhouse on Jun 01, 2020 10:07am
This post has been removed in accordance with Community Policy
Comment by apeppin on Jun 02, 2020 4:49pm
Hey Stalkhouse, I'd be interested to know how the current TRST (now CNTTQ) shareholders could come to lose their shares.  That is, given that the company has only about 3.5-4 million in debt (as per CCAA documents) and the bulk of their 'insolvency' relates to the US/CDN class action suits, which are asking for 500 million, would one path to common shareholder destruction be ...more  
Comment by wizzard89 on Jun 02, 2020 5:59pm
They could have said FS into the hands of the TSX by Friday--even sooner if they wanted to. Lawsuits going nowhere as there is NO POSSIBLE way for anybody to determine IF or HOW MUCH anybody could have lost until HC and re-listing has been dealt with.  A judge CANNOT say you paid $12.00 per share and "Today" it is worth $0.53 so you are entitled to the difference back as IF/WHEN it ...more  
Comment by Stalkhouse on Jun 02, 2020 8:37pm
This post has been removed in accordance with Community Policy
Comment by apeppin on Jun 03, 2020 8:59am
@stalkhouse, was what you just wrote meant for my comments?   I'm just trying to get information on what the fate of TRST shareholders will be if/when TRST emerges from CCAA protection. I'm worried that the company may try to wipe out existing shareholders and could use the CCAA process somehow to enable that.
Comment by Stalkhouse on Jun 03, 2020 9:52am
This post has been removed in accordance with Community Policy
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