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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Penbar Capital Ltd
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Comment by tradesmart1on Aug 06, 2009 12:39pm
356 Views
Post# 16196370

HALT TRADING ORDER?!

HALT TRADING ORDER?!The TSX was in contact with PEM last week regarding last weeks tumble.

PEM management will no likely request a cease trading order just prior to news as the news will no doubt have a significant impact on the trading of the stock in a positive fashion so they are behooved to do it right which means a halt trading order within the hour or sooner. Look for it.

The fact that the share price is gaining ground and volume is testimony to the following behind this company. Still a few confused nervous nellies selling. So be it.



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