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Bullboard - Stock Discussion Forum Noveko International Inc T.EKO

TSX:EKO - Post Discussion

Noveko International Inc > Any Hope For News?
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Post by Bosslady on Nov 14, 2011 3:53pm

Any Hope For News?

Any Hope For News?  There are two possible explanations for Alain selling his shares and putting them in the Tax Free bracket , especially since he took a few cents loss on the sale and repurchase price (that I can see anyway). One would be possible good things coming soon (or he would have just dumped and not rebought) and wanted them sheltered in the tax free bracket because there would be a significant increase in their value. Or two, because the direct ownership shares are taxed or looked upon as part of a merger package price if the company was to merge or be bought out by another company and the holder wouldnt receive the market value for them. Indirect shares and direct shares are treated differently. Either way there must be something good coming down the tubes?  BBD maybe?

Bosslady

Comment by domdesm on Nov 15, 2011 10:29pm
This post has been removed in accordance with Community Policy
Comment by Delmic on Nov 16, 2011 7:38am
Ivanhoe-Cambridge ? https://www.ivanhoecambridge.com/ Don't get too excited here, I am just suggesting... All the best, Delmic
Comment by indahouse on Nov 16, 2011 8:51am
i think this stockhouse board should just buy them out at 25 cents and take over the board of directors lol
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