Traxion Sab De Cv Ord Shs GRPOF

Tetra Bio-Pharma backed North Bud Farms to list on CSE

[fairtrade48]

https://privatecapitaljournal.com/tetra-bio-pharma-backed-north-bud-farms-list-cse/

[miggyson]

So TBP shareholders just get Northbud shares when they list? How does that work? Will a Northbud position just appear in my portfolio or do I have to fill in some form or something? Any info would be appreciated, sorry if it's a dumb question, haven't had this happen to me before.

[jackthebear1]

It will be treated like a dividend payment only with shares so your account will be automaticly credited. You will not have to do anything.

[Stranius75]

Seen that tatctic used a thousand times.  The entity stock being given out becomes worthless soon as everyone wants to sell.  No buyers are interested in buying something that someone else got for free and both stocks WILL crash. That tactic is usually played on the pinks or OTC. See ya in the .30s and lower .......

[LeafRider]

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[LeafRider]

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[madboxx]

When I owned some PUF shares and they did a spin off, the shares just showed up in my portfolio. Not sure if TBP, northbud will do the same.

[Capitalization]

Same as PUF, got free shares straight into my account when the stock price was lower, like TBP. My guess is 1 free north bud share for every 7 tbp shares held.  Value seems like it will be around 25 cents! quote=miggyson]So TBP shareholders just get Northbud shares when they list? How does that work? Will a Northbud position just appear in my portfolio or do I have to fill in some form or

[PatrickB1]

According from Ryan Brown (CEO of Northbud) it’s gonna be 1/10 (that’s if my calculation is correct) This is what he wrote on FB Quote: ”Take 15m and divide it by the amount of shares TBP has outstanding    That will be the ratio    They will be issued at .20 per share value” end of Quote by the way, I just received a package envelope from Tetra. It’s some kind of

[tomcpa]

Thanks for the info

[PCR1917]

That's also what the sedar filings from northbud say, 10 for 1.

[gkmackdadzzz1]

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[LeafRider]

This post has been removed in accordance with Community Policy