RE: Just A Little Help Would Be Greatly Appreciatif one understand how the "junior capital pool"
works under the Alberta Stock Exchange, that would
clarify all your confusion.
innitially xst started as a jcp corporate shell; it got approval to trade as a shell company and was required to vend in a company within 18 months. the vend in company is considered as a major transaction. in this case, enviro-tech is used as a major transaction for xst.
in order for xst to continue trading after the 18 month period, it has to acquire a company as its major transaction and approved by ase.
xst has fulfilled all its requirements and is waiting for ase to rubber stamp its approval, hopefull by jan. 31/00 as per ns.
i hope that would help. talk to your broker or get
a info. package on jcp from ase.