CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.

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CannTrust Holdings Inc > Management obviously trying to stay alive-fingers crossed

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Comment by leo101on Sep 13, 2020 6:13pm

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Post# 31550498

RE:Management obviously trying to stay alive-fingers crossed

management is trying to keep the company alive to protect their own jobs. the common shareholders will be wiped out, take 30 cents now if you can and thank your lucky stars.

HHAPPY wrote: ("CannTrust," or "the Company") today announced that the Company is seeking an order in its proceeding under the Companies' Creditors Arrangement Act ("CCAA") extending the time for CannTrust to call the next annual meeting of shareholders to a date 120 days following the completion of the Company's CCAA proceedings. The motion is scheduled to be heard before a judge of the Ontario Superior Court of Justice, Commercial List, on September 16, 2020 at 12:00 p.m., judicial videoconference via Zoom due to the COVID-19 emergency.