Novus Energy Inc NOVUF

IIROC

[GLENN#]

Has anyone contacted IIROC to find out how long a stock can be haulted without releasing news / information?  3 trading days with no word from the company - seriously?

Nobody can make any statement based on fact.  Even the leak is rumor.  And if this was a ploy to flush out compeating bids there should still be a statement.

Even the US bailouts took less time and I'm not buying the excuss of differnet time zones and lanuage.

[naeden99]

I don't understand why you are all worked up about the halt.  They want fulsome disclosure before it starts trading, or people will just be trading on rumour and speculation.  They are obviously not done with some portion of the deal.   Who cares if it is halted for a few days or a week if they are going to give us a sizable premium?

[luckythor]

Naeden, I agree with you who cares how long it takes, I believe that mgmt. is getting fair value for their asset. This deal needs to get board, shareholder and Canadian govt. approval before anything happens. This deal is important to both companies as having your stock suspended is not in the best interest for all parties. Presently, I think the company is/has held a BOD meeting to finalize the