Guestlogix Inc T.GXI.R

did I lose all my money?

[jean2222]

This was my first investment and its funny how it went down so bad. I apologize if my questions sound a little nave. First, is there any hope that share price get back to 50?( of course if they don't go BR)or did I lose all my money? Second, why is it still on hold? I thought its because of OJ but they already sold it. when will be able to sell or trade the shares of this company? thank you

[displayname1]

Very little chance of hitting 50.  Look at their value when it included OJ. No guarantee you will ever be able to trade shares. Personally, I think they are 5 yrs off even being a going concern during which time their customer base will be negligible. Meanwhile competition will gain traction, that might be where to look but it's an interesting time for this industry (high barriers to

[Growthandprospe]

They have until Aug 5th to sell the remaining onboard part of the Company or get financing. Will not likely get any updates until then. Shares could trade again if relisted depending if they get a good offer.

[joesterth]

I believe they have to meet all the various TSX listing requirements as well, which would include having audited financial statements (which they stopped producing at the end of last year). (Looks like they are currently hiring a Senior Corporate Accountant for Toronto HQ. don't know if this is a sign or anything??)