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Bullboard - Stock Discussion Forum Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District... see more

GREY:CRIUF - Post Discussion

Crius Energy Trust Tr Unit > deisman, Re: escrow shares
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Post by louisguy on Jun 29, 2018 12:52pm

deisman, Re: escrow shares

A quick look to the statement "sedar annulal information form" ('2018-3-08), page 34, - escrowed securities-.
As I am not very good with the english language, may be I did not understand this correctly.
If this is the case, I am sorry.
Now to you to judge it by yourself and let us know what you think. GLTA
Comment by deisman03 on Jun 29, 2018 1:35pm
I can't find what you're referring to. Maybe I don't know what I'm looking for or how to do the search on SEDAR?????????  If anyone else can find this info, I would appreciate it being posted.  GLTA the good folks here
Comment by thegov on Jun 29, 2018 2:09pm
ESCROWED SECURITIES To the Administrator's knowledge, the following table sets forth, as of the date hereof, all of the Units held in escrow or that are subject to a contractual restriction on transfer, and the percentage that number represents of the total number of outstanding Units.   Designation of Class Number of Securities held in Escrow or that are Subject to a Contractual ...more  
Comment by StocknerdEQcool on Jun 29, 2018 2:12pm
deisman, it's OK to short trade this stock down and recover your loss. Selling may stop today, but we shall return for more.
Comment by deisman03 on Jun 29, 2018 11:48pm
What are you going to do when the 3.2 million units run out or some institution buys them as a block because of their intirinsic value?????  Are you prepared for that????  GLTA the good folks here
Comment by StocknerdEQcool on Jun 30, 2018 6:56pm
Hi deisman,  I really don't understand your questions.  The number of outstanding shares of this stock being over 57 million, so when the 3.2 million units run out or some institution buys them, so what ? The  rightful owners of these ESCROW shares are already like screaming goats picking up  their losses.
Comment by deisman03 on Jul 01, 2018 1:26am
Hi Scool. Not really. They took the units in lieu of cash at the time. Banks will take units or stock in lieu of payments and will hold the units/stock in escrow until they are either redeemed or the time to redeem runs out or that's when they get their payback as per their original contract.  Not sure what happened here.  Whatever, there doesn't seem to be any problem selling ...more  
Comment by StocknerdEQcool on Jul 03, 2018 12:44pm
Hello deisman,  The market has anwered you questions nicely and honestly. August is a long time away for KWH? Shorts have little to worry about the price going sideway when this new 3 million escrow shares are being sold, provided that holders of the 57 million existing outstanding units would not be selling theirs which I doubt very much.
Comment by deisman03 on Jul 03, 2018 2:38pm
Scool, you are right with that. If the holders of the existing units sit tight or put high sell figures on their units, you folks would quickly feel the pain.  I still feel this price will go sideways over the next month. It isn't unusual for the price to languish during the shoulder season either. Today's price is difficult to base any opinions on. US institutions closed at 1pm est. ...more