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Bullboard - Stock Discussion Forum Transakt Ltd TAKD

TransAKT Ltd. is engaged in the sale and distribution of indoor agricultural equipment, including lighting, irrigation and hydroponic growing systems. The Company purchases inventory from third-party manufacturers and re-sells equipment to various indoor agricultural operators located in Asia. It supplies indoor agricultural equipment to commercial producers of fruits and vegetables. Its... see more

PINL:TAKD - Post Discussion

Transakt Ltd > Cease trade
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Post by jeep91 on Aug 15, 2013 9:04am

Cease trade

With the value of this company inching up......there must be some pissed off Canadian holders of this stock.  The rest of the world can trade but ONLY Canadian SHAREHOLDERS, not the COMPANY, are being punished, and I would say abused by the cease trade order.  This is no longer a Canadian Company and as such I believe pressure should be brought to bear on anyone who can get this cease trade order lifted.....the Minister of Finance, Jim Flaherty.....Federal MP's.....CBC investigative reporting.  Are there any other pissed off Canadian shareholders other than myself who want to take this seriousy and attempt to do something......otherwise this will be under a cease trade frorever.  Imagine that situation with this company at $1.00 a share or more. Hard to believe that Canadian shtreholders are letting some overpaid regulator ( who take their salaries from the companies they regulate ) are getting away with no public outcry.  There are a lot more unethical situations with companies on the TSX V exchange, especially the mining sector, that should be looked into instead of punishing the shareholders of this company, because that IS who is being punished here....not the Company TransAKT.
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