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Bullboard - Stock Discussion Forum PowerTap Hydrogen Capital Corp MOTNF

PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (PowerTap), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap is commercializing its blue hydrogen product, which is focused on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling... see more

GREY:MOTNF - Post Discussion

View:
Post by curious14 on May 23, 2020 12:50pm

Distribution?

It's hard to say with them, their year end is June 5th 2020.
It could be that they announce the distribution of the rest of AGRA shares
they promised to the shareholders.
At least I hope it is something substantial.
Other then that your guess is as good as anybody else's.
 
GLTA
 
c14
Comment by Cgbuddy on May 24, 2020 8:16am
i just hope they close the book and distribute every thing
Comment by CAinPlap on May 25, 2020 12:03pm
It will be interesting to see how many shares are actually left. My guess is they burned through the shares as management compensation and we all got screwed.
Comment by Cgbuddy on May 25, 2020 12:19pm
share count have not move since the agra sell off i think we will be fine with this one .
Comment by Cgbuddy on May 27, 2020 5:20pm
hi im not a genius but are you an insider  ?  almost 6 month without seeing you arround AND now boom nostradamus. i love you anyway ! thank to be back!
Comment by Mcilroy on May 27, 2020 6:31pm
So if I'm understanding this properly you have to be a shareholder as of record date may 28 2020? And then on May 29 a reverse split of 1-7? Then on June 12 the distribution of the Agra shares so what this is telling me is you will receive 1 Agra share for every 7 sow share? 
Comment by curious14 on May 27, 2020 8:51pm
Comment by CAinPlap on May 28, 2020 9:58am
They will distribute 282 million AGRA pro rata basis with 312 million shares outstanding so we should get .903 AGRA shares for every SOW share owned on the record date. Would be interesting to see who was buying in the last week running us up to .04 and make them take a lie detector test to confirm they were not acting on insider info. 
Comment by Mcilroy on May 28, 2020 11:02am
Ask slyguyfox12 he was probably getting insider tips last week when he was taking Joel's tip inside his mouth Hahahaha this company does absolutely nothing for the shareholders only look after the board members 
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