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Thread: TRS any ideas ?

  1. #31
    Reincarnated Panthera Snow Leopard's Avatar
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    A little bit of life in TRS again.

    Lindsay Investment Trust pumped $83K into it to keep it on life support [ announcement ]

    and they are going to change their ticker to "ACE" and name to "Ascension Capital Limited" in the hope that we will not remember who they were [ announcement ]

    Seems to be the season for waking the dead.
    om mani peme hum

  2. #32
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    PIC ='s peanut butter .

  3. #33
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    Quote Originally Posted by Snow Leopard View Post
    A little bit of life in TRS again.

    Lindsay Investment Trust pumped $83K into it to keep it on life support [ announcement ]

    and they are going to change their ticker to "ACE" and name to "Ascension Capital Limited" in the hope that we will not remember who they were [ announcement ]

    Seems to be the season for waking the dead.
    see the ISIN for this one

    Probably represents it's listing name originally

    Anyone remember Ecademy Holdings - one of the two inspecie floats out of the Heritage Gold stable during Atkinson's time there ?

    Since then majority owned out of Australia .. that didn't work out

    The cleaned up shell then came under control of a Chinese majority shareholder who looks like may have sold out or sold down

    Now there appears to be parties which look like associated / formerly with those from BGI (Blackwell Global)


    Shareholding of original holders have been diluted enormously by conversion of loans etc since to majority shareholder etc

    A very similar pattern to the trajectory HGL/NTL has followed, except not all shareholders or necessarily any others bar majors have
    acquired larger holdings

    This newly reincarnated 'Ace' has got to prove itself to be worthy of an ace & not something else or another curious hole in the ground sucking up streams of cash, going nowhere.
    Last edited by nztx; 14-07-2020 at 01:18 AM.

  4. #34
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    Name change to ACE and a spike in trading volume but is that majority shareholders dumping.
    Moving between .002 and .003 but does this company trade anything

  5. #35
    Ignorant. Just ignorant.
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    Quote Originally Posted by etrader View Post
    Name change to ACE and a spike in trading volume but is that majority shareholders dumping.
    Moving between .002 and .003 but does this company trade anything
    This company exists to be taken over and used for a back door listing. Kim Dotcom had a go a few years back, but while it provided some spectacular returns for the shareholders, nothing ever came of it.

    Still holding a ridiculously large number against the day when. . . .

  6. #36
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    Recent name change along with new directors and the biggest volume for a few years albeit low value.

    The capital value is around $3.9 mill does anyone see any value as a little backdoor listing

  7. #37
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    Quote Originally Posted by etrader View Post
    Recent name change along with new directors and the biggest volume for a few years albeit low value.

    The capital value is around $3.9 mill does anyone see any value as a little backdoor listing
    Way over priced for my money , a shell is atm "worth " $1 mil. circa .00006 !!

  8. #38
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    Cool appreciate update

  9. #39
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    Quote Originally Posted by etrader View Post
    Recent name change along with new directors and the biggest volume for a few years albeit low value.

    The capital value is around $3.9 mill does anyone see any value as a little backdoor listing
    it depends on exactly what enterprise is being backed into a listed shell and exactly how greedy the owners of the venture being backed into it are in diluting holders of the listed shell down to next to nothing, something or being generous for the existing shareholder spread being inherited..

  10. #40
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    One of the major shareholder has sold down from 20% to just over 3% as of today which will free up some % for other possibilities.

    I’ve had a bid in at .002c for some time which crossed over when he dumped 80 million yesterday.

    Don’t know much else but it’s essentially a shell with a few bucks

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