GREY:CLRYF - Post by User
Post by
curt2goon Jun 11, 2009 5:12pm
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Post# 16063630
Cease Trade Order
Cease Trade OrderI emaild the alberta securities commision to find out how long it takes to get it lifted once they submit the financials.. Here is what they wrote..
Thank you for contacting the Alberta Securities Commission (ASC).
The key is how long it was in effect-if in effect for more than 90 days then we will conduct a full CD review of that company-depending on the number of issues involved will determine how quickly the CTO will be revoked. In effect for less than 90 days, then a more cursory review of the CD and if no issues then we could have a revocation order issued within 3 days.
Very good news.. Just thought I would keep you guys in the loop.. TTY