GREY:CNTTQ - Post by User
Comment by
codyesson Feb 14, 2020 1:50pm
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Post# 30692749
RE:TRST update gives us some guidelines for the future.
RE:TRST update gives us some guidelines for the future. i agree with you except HC will grant licenses seperately to each facility.
First license reinstated IF it happens would be Niagara in 4-5 weeks upon HC approval.
Then around same time , financials submitted for TSX, also keep in mind NYSE has given them till end of April now.
HHAPPY wrote: First quarter of 2020[Jan,Feb,Mar] Niagara Facility remediation completed and reported to HC
Second quarter [Apr, May, Jun] Vaughan Facility completed and reported to HC’
Then completed historical financial reports required by HC will be filed. Then, and only then, will the company, hopefully, receive compliance approval from HC and the future of the company can be resolved by compliant decisions of management.
The update was obviously drafted with legal advice. Thus the listing of liabilities was a necessary inclusion.
As much as shareholders would like “glowing accounts”, reality MUST be evident at this stage.
So patience by shareholders must be exercised if we hope to see any future recovery. Do your own DD.