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The stock symbol is STFZF in the U.S. Stock price is listed only once a day at the end of day. Can't get real time quotes. To get a current quote you need to have your broker call the Canadian market maker. This stock is CHEAP (relative to where it has been) right now and will only be available for another week or two presumably. Trading between $8 & $11 per share, with very LARGE spread. Very risky, but possibly very rewarding. My personal fear is not that I won't get my Nanovation shares, but that Nanovation might not make it to IPO. I feel that they will, but have been burned before (with SilkRoad). Stamford has about 9,000,000 of Nanovation's 27,000,000 shares as it's sole asset. The conversion will work out to approximately 1/3 of a Nanovation share for each STFZF share (with lots of restrictions). Works out to be about $30 for each Nanovation share. This is cheap IF the conversion gets completed (been delayed at least twice), IF Nanovation splits prior to IPO (speculation is they will because 27mm shares is not enough to go public) and IF they actually make it to IPO. Oh, and IF it is still going strong 9 months after the IPO, which is the earliest STFZF'ers can cash out. How's that for a rambling message? In spite of the negative tone with all these warnings, I am long, and relatively optimistic. Considering it more of a bet than an investment. |
