@@Naydoe FTF is a process where Pear Tree organize doners who live in Canada to buy shares at x Premium.
Its the a little complex and I would be writing 50% bullshit without going over info, but the funds are obtained in theory by Pear Tree to buy shares at Premium, who then must have assurances that the shares bought by "donors" organized by Pear Tree will be on sold as the "block trade" to the broker, who then sells those shares to "sophs or instos".
Essentially the donors need assurance the shares they buy will be sold and they wont be left holding
Ann: Trading Halt, page-186
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