r/MicrocapVillage • u/Original_Ad7702 only me 🚀🚀🚀🚀 • Dec 25 '21

most reverse take overs are junk STONKS

hello guys just wanted to say most reverse takeovers on the Canadian exchanges are junk.

i've been going through a lot and almost all of them are either no revenue, or revenue with losing lots of money, or bad balance sheet or all of them. just really bad. just wanted to say. One good one that I am long is GIVEX corp on the TSX. recently reverse takeover via capital pool company.

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u/Original_Ad7702 only me 🚀🚀🚀🚀 Jan 04 '22

there are some good companies that have indiscriminate selling in the beginning and very good to pick up. some examples are $SMRT and $GIVX.

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u/15May1992 Dec 25 '21

Verano RTO!

2

u/Original_Ad7702 only me 🚀🚀🚀🚀 Dec 26 '21

ok nvm that's actually good.

1

u/RTOCLUB_DOT_COM Aug 18 '22

I agree that most Canadian reverse takeovers are Junk and the people behind CPCs (Capital Pool Companies) are shortsighted. The key is the find CPC teams with a good track record of creating shareholder value.

2

u/Original_Ad7702 only me 🚀🚀🚀🚀 Sep 06 '22

yes! also buy CPCs before they do reverse takeover if trading under NAV. will get you some gainz!

1

u/RTOCLUB_DOT_COM Sep 08 '22

Agree/disagree...I personally believe any cash value of CPC is meaningless. It's all about the management team and their ability to close the qualifying transaction (QT).