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Bullboard - Stock Discussion Forum CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

TSX:FUT - Post Discussion

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Post by flubber on Mar 14, 2012 12:10pm

HOGWASH-THEY HOPE U PAY IT BACK

they most likely couldn't get money anywhere else because the stock is barely 2 cents and you can't go out an raise money under 5 cents. What we need is some positive news that will get this stock moving forward , not sideways or down as it has been doing for years.

  Don't give this news anything more than what it is and the lack of trading explains it clearly.

Comment by BayWall on Mar 14, 2012 1:02pm
350,000 shares sold at the bid price. Strange that 350K was bid by Scotia and 350K sold at CIBC. I wonder. $1.3 million is exactly that. It's cash. I would want to be paid back whoever the lender is. Or else eventually take over a share of the company. The interest payments on debt is what will have to be dealt with the next few years. For the business plan envisoned for the US ...more  
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