Traxion Sab De Cv Ord Shs GRPOF

Short Squeeze Ahead Of Dividend Payment North Bud ?

[GoTogether]

The spin-out of Tetra's Growpros MMP Inc. is fast approaching.

For the short sellers.
What makes the next few weeks potentially "explosive" is that if you are short on the record date (not disclosed yet), you will have to pay the appropriate dividend (North Bud) back, which is virtually impossible because TBP wholly owns GrowPros.
So anyone that is short on that certain day will be somewhat in trouble.

Over the next few weeks, when more details are released, we may see some short covering and "turn of the tides" in the market. 

Considering possible short selling at that time, I think it was an excellent move from TBP, not to give away  too many details in this NR, date 02-22-2018 :
https://tetrabiopharma.com/investors/press-releases/press-release-details/2018/Tetra-Bio-Pharma-Announces-the-Completion-of-GrowPros-Transaction/default.aspx

EOM.


Read more at https://www.stockhouse.com/companies/bullboard/v.tbp/tetra-bio-pharma-inc?postid=28087285#6eM8Uj0mTI2YHu7U.99

[gkmackdadzzz1]

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[GoTogether]

Due to Tetra's spin-out in the coming weeks, there are of course no North Bud shares for warrant holders. Warrant holders have simply no rights in this event. As a consequence, the stock price will absorb the spin-out, while the warrant price will adapt to the slightly lower stock price. This results in a lower warrant price. EOM.