Replies to post #638 on Toucan Interactive Corp. (TCNT)

[Traderfan]

Might we be seeing the first instance of some dilution?

Absolutely not in my opinion. This is people taking a tax loss for whatever price IMO. OTCX can easily be retail as well, I'm often OTCX for example. OTCX showing 400 shares on the ask is not looking like dilution at all. Nothing more than retail guys. BTW, I was the only on the bid earlier through OTCX.

[RyGuy]

I highly doubt it.

https://www.otcmarkets.com/filing/html?id=13096058&guid=l8xbUHeaQYMii3h
7,100,000 shares of common stock were issued and outstanding as of December 5, 2018

https://www.otcmarkets.com/filing/html?id=11818185&guid=l8xbUHeaQYMii3h
7,100,000 common shares issued and outstanding as of January 17, 2017.


This is approximately 230,000 shares in the public float....

The Company does not currently engage in any business activities that generate cash flow. During the next twelve months we anticipate incurring costs related to:



(a) filing Exchange Act reports, and
(b) investigating, analyzing and consummating a business combination.


We believe we will be able to meet these costs through use of funds in our treasury and additional amounts, as necessary, to be loaned to or invested in us by our controlling stockholder, management or other investors. As of the date of the period covered by this report, the Company has $51,727 in its treasury. There are no assurances that the Company will be able to secure any additional funding as needed.