Washington State Scammed Out of Million of Dollars by Nigerian Fraudsters
Probably all of us at some point or another have received the infamous email from a Nigerian prince claiming to share his inherited fortunes as soon as we pay a small fee on his behalf; since the large majority of us are not that gullible, we simply snicker and delete the email from our junk […]
Gamblers Resort to Stock Trading as Means of Filling Empty Void
While almost the entire country went into lockdown mode as the government imposed stay-at-home orders, many Americans soon found themselves stuck indoors, with no relevant stimuli to keep their minds occupied. However, those individuals that entertained their thrill via casino and sports gambling before everything got shut down, have now found themselves a new muse […]
Freeman Gold Corp Looking For A Winner In Idaho
Lodge Resources (CSE: LDG) recently changed its name to Freeman Gold Corp (CSE: FMAN) on May 19, 2020. We’ve had our eye on Lodge Resources, now Freeman for a while now, and our educated guess is that the name change is the signal that things are heating up on their Idaho play. The company itself […]
Deutsche Bank Asks Top Managers to Voluntarily Forego One Month’s Salary
According to a recent report by Financial Times, Deutsche Bank has suggested to its top managers that they forego a month’s paycheck while the bank continues on a restructuring process amid the coronavirus pandemic. The voluntary paycut would affect over a hundred of the bank’s top-earning employees, and meant to act as a move of […]
Market Movers Resurrection Edition – MedMira Inc.
MedMira Inc. (TSXV: MIR) rose out of obscurity Thursday, trading 14 million shares worth of volume and closing at $0.385 to make the Halifax, Nova Scotia-based biotech company number one in volume on the TSX. It traded another 8 million shares today to close the week out strong at $0.405, following an announcement that it […]
Hedge Fund Manager Crispin Odey Warns Personal Gold Ownership May Soon Become a Thing of the Past
As a means of softening the blow to the US economy and ultimately American’s wallets, the federal government has opened the money hose wide open, blasting trillions of dollars of stimulus funding in every nook and cranny of America. But such spending does not go without consequence. The sudden and drastic increase in the US […]
CMHC Predicts Housing Prices Could Fall by 18%, Considering Reducing its Underwriting Practices
The Canadian Mortgage and Housing Corporation (CMHC) is considering reducing the number of mortgage underwriting applications the agency processes in order to mitigate borrowing amid a drop in house values and an increasing debt crisis. The move is a response to the alarming debt levels that are mounting during the coronavirus pandemic, and the economy […]
48North Disposes of US-Based Assets Rare Industries, Sackville & Co.
48North Cannabis Corp (TSXV: NRTH) has disposed of its US-based assets as the company refocuses and places a “renewed emphasis on high-quality Canadian products.” The divestment consists of two relatively recent acquisitions within the US cannabis accessories space. In particular, 48North will be disposing of Sackville & Co. Merchandising, which was acquired only month ago […]
The Totally Practical, Not Even Slightly Sarcastic or Frustrated, Investor’s Guide to SEDAR
Welcome! If you are reading this, you have likely decided you would like to go beyond the headlines and learn more about the details of some of your favourite (or hated) Canadian public companies. Whether you own shares, are considering buying shares, or trying to talk your spouse out of buying shares in a public […]
Hertz Global Files For Chapter 11 Bankruptcy Protection
Hertz Global Holdings (NYSE: HTZ) has finally filed for bankruptcy protection as of this evening following the company being unable to renegotiate debts with its creditors. The company filed for Chapter 11 in Delaware. The filing applies to the firms operations in both Canada and the US, however it does not cover European and other […]