OTCPK:TOUBF - Post by User
Post by
Preteriston Sep 08, 2011 3:15pm
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Post# 19023650
I was at the OSC Hearing
I was at the OSC HearingAfter attending to some errands after arriving back from Toronto, I got home and started to go through the Stockhouse posts. What I have found (so far) was very amazing. One poster, at 9:38 EST, posted a short phrase basically saying that the halt would continue until Jan. 25, 201...
Because I was there, I realize that the OSC had presented their desires of the new date but no ruling had no been officially made. After hearing all the boring presentation by the OSC (same old stuff with no new additional material) a very brief statement was entered by the Sino Forest lawyers.
The initial hearing ended at 10:30 with both parties (OSC and TRE) desiring a trade halt to Jan 25, 2012.
It was announced by the woman in charge that after a short recess of approximately 30 minutes (11:00 AM) she would return with her decision. It took about another 5 minutes and the decision became official at around 11:07 AM.
Anyone who posted and said anything definite regarding the nature of the halt was only guessing - albeit this seemed to be my concensus as well - BUT IT WAS NOT OFFICIAL UNTIL 11:07 am
And even more surprising (and sadder) was the fact that some posters here accepted the date before the official release. That is not good due diligence...
Approximately 100 people were in attendance. That included all hearing personnel and the one attending police official.
If any longs have any additional inquiries to make, they may send me a private message...