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Message: Re: Cease Trade

Sep 23, 2008 09:16AM

My experience has been that once the exchange "drops the hammer", they take their own sweet time in bringing issues back on stream.

Can understand their position completely. As a regulatatory agency they likely give companies lots of warnings but once they are suspended they would demand full compliance before allowing a return to trading. If it were otherwise the process would become laughable with "on' and "off" and "on" etc.

Hasn't been a bad time to be outside of things. The issue has been trading at historic lows. The company apparently has done its fund raising via private placement so the ongoing active trading has not been an immediate concern so long as it eventually fulfills its obligations and "returns to the fold".

Onward and Upward.

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Sep 23, 2008 04:33PM
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Sep 23, 2008 04:58PM
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