TSXV:PAI.H - Post by User
Comment by
tthayeron Jun 07, 2019 9:18am
48 Views
Post# 29805348
RE:RE:RE:Halted CTO
RE:RE:RE:Halted CTOHate to say it Birch, but I trhink you are completely correct. It is stated as a
Cease Trade Order, which generally means that it is has been issued regulatory authority, I am assuming the TSX in this case. The three main reasons for this are as follows:
- if it files a disclosure document, such as annual financial statements, late - or not at all;
- if we find that a document contains a significant deficiency; or
- if, after holding a hearing, the OSC determines it is in the public interest to do so.
My guess is that they missed their quarterlies and are there is going to be a hearing as to why. I sent them a message just thye other day asking what was up with that and I have heard nothing back from them.
I really hope I am wrong, but this appears to be the most likely scenario.
birch1 wrote: I hope so but halt doesn't say at request if the company pending news.