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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > Canadian Insider
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Post by Fogcity87 on Feb 01, 2018 6:23am

Canadian Insider

Hey was wondering if anyone could explain what would have happened. Seems as though Andre Rancourt exercised warrents and gain 1250000 shares at 0.05 on the 27th. Than is shows the same shares reduced but it shows the price at 0.05. Was wondering if anyone knew how this worked or if these are the shares that have been dumped to market? Thanks to anyone who has insight.
Comment by Sweeetydi on Feb 01, 2018 6:30am
This to me looks as though he exercised warrants and kept them as shares in the company.
Comment by Stocknewbie2017 on Feb 01, 2018 6:42am
Wow, is it not an awesome thing or not? This is to show that management is serious about TBP. He exercised his options for 1.25 millions shares. No management do this if they don’t believe in what they do. Canadian insider show the same share come out but he didn’t dump it in the market. Either, it listed wrong or he gave it back to the company. I smell something good is coming
Comment by ItsLevels2This on Feb 01, 2018 8:34am
Yes this means he got common shares for those warrants as seen below. if he dumped them right away itd show disposition in market with - numbers in red. Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Jan 31/18 Jan 26/18  ...more  
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