TEKMODO INDUSTRIES INC RTS V.TEK.RT

Time Critical - Must respond

[freerider1985]

Hi guys today i received papper's from RBC regards rigts .I'm not exactly sure what action I have to do.June 26 exercice rights expire .My reply date is 21st June so what I have to do ? I'm almost newbie in stock market so sorry  for my not uderstood

[KingBill]

U must call RBC before 21st if u want to exercise RIGHTS. TEK was traded @$0.26 until 02/14/2017 even after equipment failure in Dec/16 . The normal manufacturing and sales have come back since March. I would suggest exercising TEk.rt before 21st. IMO

[denium]

I also received the papers like this, but I've got two copies with two different CUISPs. Does anyone know why and which one should be used to exercise rights? Thanks!

[ompong12]

i think this a Management strategy to grab and own more shares of the company....they limit the offer to canadian stakeholder, they depressed the price to become it more unattractive , they have a standby guarantee to buy all rights and shares that will not exercised. they control the outflow of news of what is currently happenning if the factory. i guess they will not make a news release until

[KingBill]

You can say it again!  Based on what I learned, both the production and sales are back on track. They could make around $2M each month and the Qtr 2 Finance will give us a surprise!  That also explained why TD bought 530k rights @$0.01 this morning...

[Elwapo]

Hey Ompong may i ask what time frame do you see this happening thanks

[ompong12]

maybe after the rights offer & consolidation they will start to pump it up. they are holding positive news to make rights offer unattractive and they will grab it all.

[Elwapo]

Correct me if i`m wrong but the rights offereing expires on june 26th....so we wait til then...

[ompong12]

yup