Cease Trading Order Is this the good news Shaker was expecting...
From Stock
Mr. A. Ross Gorrell report
PETROMIN RESOURCES EXPECTS CEASE TRADE ORDER PENDING FILING OF FINANCIAL STATEMENTS
Further to the news release of Jan. 30, 2017, Petromin Resources Ltd. was unable to meet the timeline for filing its financial statements, and now expects that the B.C. Securities Commission will issue a cease trade order against the company for failure to file its financial statements and related management's discussion and analysis for the financial year ended Sept. 30, 2016, and the interim period ended Dec. 31, 2016. Upon issuance of the cease trade order, trading on the TSX Venture Exchange will be halted until such time as the cease trade order has been revoked.
The company is actively working to finalize the required annual and interim financial filings, which the company expects to complete and file by April 30, 2017. Once the required financial filings are made, the company will apply to the have the cease trade order revoked and the trading recommence on the TSX-V.
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Total fiascoe from this inept management , are they still drawing salaries.
Hate to say it but I was right about them.