RE:NewsFinally, news release that sets up a positive sp when trading resumes. For what it's worth, here are my takeaways:
1. 10 cent bid and ask has disappeared on CSE. Minimum ask now at .69 (5000 shares). Next level up is 1.12, then 1.28. In other words, investor nerves have been soothed as far as thinking this company was left for dead.
https://thecse.com/en/listings/technology/netcents-technology-inc
2. They had serious, complicated accounting issues that are only now on their way to being resolved. Good to see they retained a Toronto based accounting company. Better to see that they have in house accountants handling much of the work, as in house team reduces cost.
3. "onboarding of new merchants has only accelerated in the past few months, and new strategic relationships continue to develop. In addition to these efforts, Management has launched a new roadmap for global growth, looking to expand the Company's geographic footprint beyond North America and Europe." All positive
4. NC attracted 2 new quality talent as directors. People like Amaro and Dukowski can choose which companies to work with. Kudos to management for bringing these two on board.
Now we wait for overdue filings, then trade will resume. Expecting patience to be rewarded.