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Message: Here's a CTO press release for ya!

Someone on the other site was trying to pump Greentree Gas & Oil (GGO) to me - a true "penny" stock. Well, I noticed that they got CTOed along with Century, so I went on the other site and found this news release from them, below. It's interesting to compare the NR of a one-man nearly-bankrupt company with the NR from Century.

Then again, Century management are arrogant pricks.

GREENTREE DISCUSSES TRADING HALT AND SUSPENSION IN TRADING

Greentree Gas & Oil Ltd. was unable to meet the filing deadline of April 30, 2010, to file its annual audited financial statements and management discussion and analysis on the system for electronic document analysis and retrieval (SEDAR), as announced in Stockwatch on April 12, 2010. The annual filings have not been made and the company was also unable to file the required certification of disclosure of annual filings and oil and gas disclosure documents (NI 51-101, F1,F2,F3) at that time. The company is unsure of when it will be able to file its annual audited financial statements and management discussion and analysis but the company intends to file the oil and gas annual disclosure documents (NI 51-101, F1,F2,F3) in the near future.

As a result of the company not filing its annual filings by the filing deadline, the Ontario Securities Commission issued a cease trade order prohibiting further trading in the company's shares on May 10, 2010. The TSX Venture Exchange has suspended trading of Greentree's shares as a result of the cease trade order issued by the OSC. Reinstatement to trading can occur only when the cease trade order is revoked and the exchange has concluded its reinstatement review to ensure the company has satisfactorily complied with all the exchange requirements. The reinstatement requirements for the company vary depending upon how long the company remains suspended and whether the company meets the tier maintenance requirements of the exchange. If the company does not complete its reinstatement and does not meet the tier maintenance requirements within 90 days from the suspension date, the exchange will transfer the securities of the company to NEX without further notice.

The company intends to complete its annual filings in due course when resources are available to do so, although the timing for that is unknown at this time due, in part, to depressed natural gas prices -- the company's production base is currently 72-per-cent weighted to natural gas. Greentree does intend on filing its oil and gas annual disclosure documents (NI 51-101, F1,F2,F3) in the near future. In the interim, the company intends to continue to focus its human, financial and other resources on its business of producing oil and gas. Once the company's securities regulatory filings are up-to-date, the company intends to seek reinstatement of the listing of its shares to provide a forum for trading of the company's stock, although the timing for that is unknown at this time.

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