RE:RE:Funny StockscoutX wrote: 99.9% of the time when SP has hit rock bottom for a very long time and can't be milked anymore to pay the bills, it's a question of time before it's halted. Seen a few times. Expect the stock to be transfered to the grey market and the assets will continue under a new name that's usually a private entity. imo.
The company is halted and will remain in that state until
we get our shet together and file the YE reports.
This cease trade will calm any volatility until filing.
There is a dozen pages of companies who have failed to file on time.
You can find them on the CIRO site.
As far as concerns of dipping into that $25 million, I was informed...
"The GEM funds would be excessively dilutive at this time and require a higher share price than we currently have. So yes we still have that funding available until November 2025, it currently does not positively support us".