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by Stockwatch Business Reporter

The TSX Venture Exchange lost 3.23 points to 803.67 Tuesday. David Danziger's sixth capital pool shell, Aumento Capital VI Corp. (AUO: $0.50), has listed on the TSX-V with a $626,400 initial public offering of shares at 50 cents. Not unusually for a shell, Aumento VI has not yet traded.

Mr. Danziger, a senior vice-president at the Toronto office of accounting firm MNP LLP, closed a qualifying transaction for his fifth shell, Aumento Capital V Corp., last month. Aumento V launched a licensed marijuana grower called WeedMD Inc. (WMD: $0.94). Two days after its launch, WeedMD received the other important licence, the one that allows it to sell marijuana. So far, Aumento V's IPO shareholders, who paid 60 cents a share before the shell listed in November, 2014, have an opportunity to get out of their investment with a profit. If they will continue to have this opportunity for the next year or so, then we will consider Aumento V to have been a successful shell. In the shell summaries for May 4, 2015, and Jan. 13, 2016, we discussed Mr. Danziger's earlier shells, concluding that the first four yielded three successes and one failure for their IPO shareholders, based on our measure.

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