Another day, another default...When will you longs get it? I guess they could file Saturday and stay within their deadline?
This was from their last communication Nov. 11th imposed on them due to the securities DEFAULT on October 27th:
- "...expects to be able to file Annual Statements before or on November 28th."
- Management Cease Trade Order imposed until they come out of Default
- No material business development or other material information as of date of news release (Nov 11th):
In other words, they were unable to file by the deadline during TSX trading hours, and have not been able to make any material business deals since they defaulted...
What are you longs thinking is going to happen in a positive light????
Stop wishing, and start investing in something! This stock ain't it!
The Company is working expeditiously on the steps required to complete the Annual Financial Filings and expects to be able to file the Annual Financial Filings by November 28, 2020. The Company will provide updates as further information relating to the Annual Financial Filings becomes available.
The MCTO will be in effect until the Annual Financial Filings are filed and requires that the Annual Financial Filings be filed on or before November 28, 2020.
Until the Annual Financial Filings are filed, the Company will issue bi-weekly default status reports in accordance with National Policy 12-203 - Management Cease Trade Orders. The Company intends to satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the filing requirements. The Company confirms that there have been no material business developments or other material information relating to its affairs as of the date of this news release that have not been generally disclosed.