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Bullboard - Stock Discussion Forum UNITED REEF LTD V.URP

TSXV:URP - Post Discussion

UNITED REEF LTD > URP to be De-Listed in Coming Months
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Post by gretzky099 on Apr 08, 2010 11:54am

URP to be De-Listed in Coming Months

Expect URP to be de-listed in the next few months. URP currently trades on the TSX Venture Exchange, and with its ongoing cash flow problems, de-listing is inevitable resulting in a significant or total devaluing of the company’s share value. The company has limited working capital creating uncertainty about its ability to continue as a going concern. A going concern is disclosed on the financial statements at the discretion of management.

Gretzky
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