Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That sounds like a wonderful idea but unfortunately that is not what the PRs says.
Once the split occurred you must hold your shares till the distribution or you loose the 5 additional shares for each share you sold.
However we will see on or about December 5th.
Good luck.
Yikes. Dilution train in full effect. Stay off the tracks or you'll get run over!
Not if you sell out your buy in and let the rest ride....Going to have a lot of freebees after today.
I believe if you took profits prior to the delivery of the 5 for 1 shares on Dec 5th, you will loose those shares.
A lot of conflicting announcements were made since the split and I believe the reason for the withdraw of the PR for the $100 million. It changed the entire structure of the 5 for 1. The date changed because of a problem. As I said before we have to wait and see what finally happens. Confusing? You got that right.
Wow dilution machine in full effect. Unreal
After a high of $2.78 I am not surprised that some folks took some profits
When they announced the spin-off 5 for one many months ago, they set a time of whoever owned shared to a certain time they would be eligible for the spin-off shares, did that ever change? It's a little cloudy in my head that they did ad a period for new buyers to come in.
Do you remember when that deadline was?
17.76 million is the float, OS is 81 million. But still, that s impressive! We re now at 25 million shares traded, we might finish the day with 2 times the float traded!
Shows 17.2 million shares outstanding. 21 million traded today!
According to the company game plan 6 months after the distribution on or about December 5th, they expect to file for listing on the New York Stock Exchange.
The anticipated share price around that time is $55 per share target price.
They are in the process of promoting the Gas process and other interesting products in Europe, Turkey is a #165 million deal.
Wait and see what develops without bad mouthing the company.
If they follow the game plan there will be a lot of wealthy share holders by this time next year.
Agree
No selling decision for me before the spin-off
Letting other half ride. Lowered my ask and got 1/2 out. GLTY
Good question. Lol. Hope whatever is going on it keeps having a possitive effect.
No idea. But explain to me how the entire float trades in 1 day.
Explain to me how dilution makes price go up.
I'd sell while you can. Looks like dilution gonna tank this
Dang company dumping shares like crazy!
Any idea what the shares of spin off will be worth when issued?
I have half of my poition up at 3.08. I will sell out my $$ when it gets there and let the rest ride. I hope they are not dumping it is about to trade the entire float.
The question now is do I get out or just sell half let the rest ride.
50% up today! It's the beginning of a good thing for us investors!!!
Wait till the spin-off
feels like news leak, or pre-load
I dont see any catalyst on the surface
Dear Taronis Technologies Shareholder:
We are pleased to inform you that the board of directors of Taronis Technologies, Inc. (“Taronis Technologies”) has approved a plan to pursue a separation of its gas and welding supply retail business from Taronis Technologies through a spin-off of its wholly owned subsidiary, Taronis Fuels, Inc. (“Taronis Fuels”). Taronis Technologies will distribute the shares of Taronis Fuels as a dividend to shareholders of Taronis Technologies on or about December 5, 2019. We expect the Taronis Fuels common stock to be quoted on the OTCQB of the OTC Market Group under the symbol “TRNF” at the time of the spin-off and, assuming such quotation, we expect to up list the Taronis Fuels common stock from the OTCQB to The NYSE American (“NYSE American exchange”) under the symbol “TRNF” within six months following the spin-off date.
As a current shareholder of Taronis Technologies, you will receive five (5) shares of common stock of Taronis Fuels for every one (1) share of common stock of Taronis Technologies that you own and hold as of the record date so long as you continue to hold your shares on the distribution date, as further described in the enclosed Information Statement. Shareholder approval of the distribution is not required, nor are you required to take any action to receive your shares of common stock of Taronis Fuels.
Following completion of the spin-off, common stock of Taronis Technologies, which will continue as a leading clean technology company with a particular emphasis on the water related technology industry, will continue to trade on the Nasdaq Capital Market, subject to Taronis Technologies continued compliance with the Nasdaq Listing Rules, under the symbol “TRNX.”
We invite you to learn more about Taronis Fuels by reviewing the enclosed Information Statement, which describes the spin-off and Taronis Fuels in detail and contains important information about Taronis Fuels, including historical audited and unaudited condensed combined carve-out financial statements.
Thank you for your continued support of Taronis Technologies and your future support of Taronis Fuels.
Sincerely,
Scott Mahoney
Chief Executive Officer
Enclosure
Taronis Technologies, Inc.
300 W. Clarendon Avenue, #230
Phoenix, Arizona 85013
United States
Float 18 Milli... could run into 3‘s today
Hey buddy.
Yeh,looking good
TRNX 2.58 NEW HIGH
It's probably the spin off.
Here it is
Eventually we could or should see a pull back. If it does happens hopefully it won’t be large
I have been searching all weekend for news and all I could find is the confirmation of the spin-off by the CEO. Nothing else at all
Yeah, OK. TDA is also showing earnings on Nov 14
Up .56 today so far! nice!
Investors are ligning up for the spin-off
1/3 of the float traded... sweet
We got 2.45, excellent. looking for $5
2.3896 TRNX is going nuts.
Looks good
2.18 yeyyy nice
We hit $2.15 monday pre market
Still, for those people who bought at .90 -.99 range before the split which puts them @ around $4.75 to $5 range, there's still a long ways to go, nothing exiting about this spike yet. I just hope it keeps spiking nonstop.
It'll have have to have a long way to go... And bunch of miracles... Which are possible and has happened before...
The problem with this spike of yesterday is that it looked like a rocket and I have learned in the past that rocket burn off pretty fast.
I am long on TRNX but my worry is that it sell off on Monday. In other words it wasn't a good decision to buy after hours yesterday for those who did
Followers
|
45
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2597
|
Created
|
02/23/12
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |