Tucows – Financial Treason & Crime

GLOBE NEWSWIRE, 10 February 2021

Tucows Inc. (NASDAQ: TCX, TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time, up to $40 million of its common stock in the open market.

The new $40 million buyback program will commence February 10, 2021 and will terminate on or before February 9, 2022. Purchases for the new buyback program will be made exclusively through the facilities of the Nasdaq Capital Market. The previously announced $40 million buyback program for the period February 13, 2020 to February 12, 2021 has been terminated. Continue reading “Article: Tucows Announces $40 Million Stock Buyback Program”

02/09/201802/27/2021

Article: Why Tucows Inc. Shares Fell 23% in January

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Why Tucows Inc. Shares Fell 23% in January

Anders Bylund, 09 February 2018

In late January 2021, GameStop experienced a once-in-a-decade squeeze that has captivated the world’s attention. It was a premeditated and programmatic exercise, orchestrated by coordinated stock and option buying across the retail and professional community, resulting in large institutional entities losing billions of dollars. Investment houses with significant short positions did not expect a stock with GameStop’s fundamental profile to increase +2,500% in price over less than three weeks; therefore, they did not have the controls in place to handle the incredible levels of stock and call option purchases. The frenzy drew comments from the White House, provoked a social media crackdown, caused brokerage units to restrict trading, and has led to a Congressional hearing on GameStop on Thursday, February 18th.
Continue reading “Article: Why Tucows Inc. Shares Fell 23% in January”

01/09/201802/27/2021

Article: Tucows (TCX) Alert: Johnson Fistel Announces Investigation of Tucows Inc.; Encourages Investors to Contact the Firm for Additional Information

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Tucows (TCX) Alert: Johnson Fistel Announces Investigation of Tucows Inc.; Encourages Investors to Contact the Firm for Additional Information

Johnson Fistel, 09 July 2018

Johnson Fistel, LLP, is investigating potential violations of federal securities laws by Tucows Inc. (NASDAQ: TCX) (“Tucows”). Tucows provides network access, domain name registration, email, mobile telephony, and other Internet services in the United States, Canada, and Germany.

On January 8, 2018, Copperfield Research issued a report stating that Tucows failed to disclose a lawsuit “that should imminently result in the loss of 11% of the Company’s revenue producing domains; nine insiders who sold $21 million of stock while hiding the fact its eNom subsidiary was being sued by its largest partner for breach of contract; and a laundry list of accounting shenanigans and financial irregularities.”
Continue reading “Article: Tucows (TCX) Alert: Johnson Fistel Announces Investigation of Tucows Inc.; Encourages Investors to Contact the Firm for Additional Information”

01/08/201802/27/2021

Article: Tucows Inc. (TCX): Cashing In On Neo-Nazis, Child Porn, & A Hidden Lawsuit As Insiders Dump

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Tucows Inc. (TCX): Cashing In On Neo-Nazis, Child Porn, & A Hidden Lawsuit As Insiders Dump

Copperfield Research, 08 January 2018

We believe Tucows’ business model and economics have been severely misrepresented by management and are grossly misunderstood by shareholders. The history of this former Canadian penny stock is littered with red flags, dubious accounting gimmicks that inflate EBITDA, financial reports that fail to reconcile from one quarter to the next, and a promotional management team who recently resorted to infomercials. Based on our deep dive forensic analysis, we believe Tucows intrinsic value is closer to $20.00 per share, at best, or nearly 70% below its current trading price. And this price target generously ignores material risks from Tucows’ UNDISCLOSED litigation with its largest domain reseller.

In late December, a Washington State Court ordered Tucows to transfer 3.2 million “.com” and “.net” domain names to Namecheap, and an Appeals Court denied Tucows’ motion for an emergency stay.
Continue reading “Article: Tucows Inc. (TCX): Cashing In On Neo-Nazis, Child Porn, & A Hidden Lawsuit As Insiders Dump”

08/03/201503/02/2021

Article: Valuing Tucows Inc. (TCX) From A Bearish Perspective

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Valuing Tucows Inc. (TCX) From A Bearish Perspective

Sonya Colberg, 03 August 2015

You’ve almost gotta love Tucows Inc. (USA) (NASDAQ:TCX) for its humor, as demonstrated by the company reportedly taking a real cow to a conference, plus its depiction of two cows in its logo. But the negatives inherent in Tucows’ business plan utterly outweigh its funny personality. Continue reading “Article: Valuing Tucows Inc. (TCX) From A Bearish Perspective”