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Bullboard - Stock Discussion Forum RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

Consumer Cyclical Luxury Goods
RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia... see more

TSXV:RYU.H - Post Discussion

RYU Apparel Inc > MCTO? What does it mean?
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Post by SirKaztic on Jun 19, 2020 8:58pm

MCTO? What does it mean?

https://www.stockwatch.com/News/Item?bid=Z-C%3aRYU-2920009&symbol=RYU&region=C

Why would they prevent certain investors and insiders from selling their shares before July 15? They claim it is based on the fact that they did not file their annual earnings on time, but could it also be an ominous indication that earnings data is far worse than thought. So, in order to prevent certain insiders from jumping a sinking ship they got a MCTO against them? I don't understand, maybe someone here can provide some context for me.
Comment by SirKaztic on Jun 20, 2020 12:13am
https://www.bcsc.bc.ca/-/media/PWS/New-Resources/Decision-and-Orders/Cease-Trade-Orders/2020/2020-BCSECCOM-201.pdf I think this clarifies it, no worries. 
RYU Apparel Inc
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