06:32:25 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Shell Summary for July 23, 2019

2019-07-23 22:11 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange fell 4.92 points to 588.96 Tuesday. Two Vancouver accountants, Kevin Ma and Alex Tong, have filed a preliminary prospectus to list their first capital pool shell, E36 Capital Corp. The shell plans to sell a $350,000 initial public offering at 10 cents through Haywood Securities Inc.

Mr. Ma, 40, is the shell's chief executive officer and second-largest escrow shareholder. He has an escrow position of 700,000 shares out of 2,325,000. He has been a director or the chief financial officer of a dozen or so public companies, including two other shells. Currently, he is a director and the CFO of each of Carl Data Solutions Inc. (CRL: $0.10) and Netcoins Holdings Inc. (NETC: $0.035). Carl Data Solutions is a data collection, storage and analytics company. Its stock traded up to 65 cents in 2016 but is now down to 10 cents. Mr. Ma's other employer, the 3.5-center Netcoins, has an app for buying and selling cryptocurrencies.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed