Qbx.v url package and brief - cubixinvestments.com
cubixinvestments.com .. <--- holdings page
fin-info.com
sedar.com
cdnx.ca
biz.yahoo.com .. <-- Yahoo's form 144 url for qbx
Charts - stockcharts.com
chart.canada-stockwatch.com
ca.finance.yahoo.com
Threads - Subject 32656
wwwa.canada-stockwatch.com
stockhouse.ca
... the latter being the only active thread currently
Cubix is a holding company with three classes of assets - 1. cash, 2. oil&gas, 3. dotbomb paper
1. cash and other liquid assets as of 31 Dec, according to the Form 61 - sedar.com
... 14.85mUS .. <--- qbx reports in US dollars ... so that's 22.27m in real money -g-
... around 6mCdn of this has since 31 Dec been invested in uph.v and a private company called chalk.com
2. o&g assets - oops, Form 61 doesn't split up the real from the dot.bomb, just says -
'Investments 17.4mUS
Properties plants and equipment 5.5mUS' .. <-- the latter being a gas gathering system which produced 516kUS in revenue last year
The individual investments - well it's a long story and in flux continually [for one thing i don't know if they've sold their last shares of pn.amex yet] ... pin on stockhouse is more up on the specifics - stockhouse.ca
... one of the investments is 2m shares of the company's own stock, which has not been returned to treasury for cancellation, they plan to trade it, apparently.
Let's just take the above numbers, cash and near-cash 14.85m, investments 17.4m, plant 5.5m, adds up to 37.75US, or roughly 57mCdn ..... now the company has 36.9m issued, and a market cap of 19.5mCdn according to the cdnx site - cdnx.ca
... assets are roughly three times the market cap .... why? - because Canaccord hasn't moved the stock up yet ... but yesterday may have been the start of the first leg ... from trading this one last year i know the house to watch is CC, you can't rush 'em and they won't wait for you if you're late ... and you can't predict with any certainty what they'll do next.
Unexplained events -
1. the company is now registered in Bermuda, got a continuance from BC
2. the old president, Hislop, stepped down, but remains as a director
3. the new guy, Price, resides in London ... the UK London
Almost like they're getting ready for something. |
