OTCPK:TOUBF - Post by User
Post by
chumpismeon Aug 26, 2011 10:04am
522 Views
Post# 18982063
Well now we may see some response from co.
Well now we may see some response from co. - Sino-Forest, through its subsidiaries, appears to have engaged in significant non-arm’s length transactions which may have been contrary to Ontario securities laws and the public interest;
- Sino-Forest and certain of its officers and directors appear to have misrepresented some of its revenue and/or exaggerated some of its timber holdings by providing information to the public in documents required to be filed or furnished under Ontario securities laws which may have been false or misleading in a material respect contrary to section 122 or 126.2 of the Act and contrary to the public interest;
IT IS FURTHER ORDERED that, pursuant to section127(6) of the Act that this order shall take effect immediately and shall expire on the fifteenth day after its making unless extended byorder of the Commission.