Cortex Business Solutions Inc. CTPNF

FT still loves CBX

[Papagallo]

This story has HUGE upside...the share consolidation is meaningless with respect to the market cap or business model.....new CEO quickly diversifying by targeting new Buyers/Suppliers outside the oil & gas industry...if the share consolidation is approved the float will shrink so low that shares will be very difficult to buy....time to load up ahead of earnings.

[snootchybootchy]

I'm voting against the consolidation.  And despite the tempting current valuation, I'm not planning to buy more until I find out whether this consolidation is going through.  I saw Mr. Taylor on BNN an hour ago talking about V.CBX and he doesn't appear to have a clue about the reason behind this consolidation either.  I'm still long though.  Haven't sold a

[88guy88]

Fabrice said that he talked with major shareholder and asked him about the consolidation and he said that its to attract institutional investors.....but reverse consoldations have a very negative affect..once they happen the share price tanks usually....with the 5 cent price investors are anticipating this and getting out....it could go to 3.5 cents or 4 cents after the consolidation...i am out of

[snootchybootchy]

Yes, Mr. Taylor did say the consolidation was to attract insititutional investors but he did not sound like he was convinced that was the real reason.  Neither am I.  As someone else on this board said, why not get the share price up first (say 20+ cents) and then do a 10 to 1 consolidation.  By that time, you would likely have gained the shareholders' confidence and they would

[88guy88]

what price do you think the financing would be....if they do the consolidation at 5 cents time 50 that $2.50 and that for sure is likely to bull back to under $2....no wonder the current shareholders are getting out...who want to lose from 5 cents to 4 cents and take an additional 20% share price hair cut....

[BurconNutriFan]

How hilarious, let's get the stock up to $1, instead of just your $.20 suggestion. That way it could be a $50 stock after consolidation. Whoopee, partyyyyyyyyyyy, it is so easy to get the stock up.