I would bet that we are very close to being halted by the exchange. OTS was halted for a fraction of what is on the table here...!
Seams there are a lot of issues that need tending too....JMHO
Example:
Canadian Oilfield CFO Burgess resigns
2013-04-10 18:57 ET - News Release
Mr. Ken Berg reports
CANADIAN OILFIELD SOLUTIONS CORP. ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER AND TRADING HALT
David Burgess has resigned as chief financial officer of Canadian Oilfield Solutions Corp. The company is actively searching for a replacement chief financial officer and will provide a further announcement once an individual has been located. Mr. Burgess will continue with the company as consultant, but will not act in the capacity of an officer.
The trading of the company's common shares will be halted as the company is required by the policies of the TSX Venture Exchange to have a chief financial officer. The trading halt will remain in effect until the company appoints a replacement chief financial officer and otherwise complies with TSX Venture Exchange requirements.