Post by
mjhayman on Oct 02, 2019 3:00pm
Resume trading?
Will this resume trading? I have a feeling it’s curtains for this company
Comment by
Straite on Oct 02, 2019 3:40pm
Apparently not today but since its a halt, I would presume it will resume trading tomorrow.
Comment by
deepblue on Oct 02, 2019 4:07pm
Wishfull thinking. I suspect they are under bankruptcy protection and it will never trade again.
Comment by
Canadude25 on Oct 02, 2019 7:26pm
CCAA is not bankruptcy. Its a court appointed process that tries to find a buyer. If a buyer is found they would most likely come in and take it private. Same thing happened to Lightstream which is now a private company (owned by prvitae equity). If that's the case then shares will trade down to $0.01 and shareholders get screwed.