GREY:ARGEF - Post by User
Comment by
Kongratulationon Jun 19, 2019 8:26am
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Post# 29839192
RE:RE:RE:RE:RE:RE:RE:RE:Bankruptcy
RE:RE:RE:RE:RE:RE:RE:RE:Bankruptcy Basing my comment on what happenned to others that did the same:
MONTREAL, QUEBEC--(Marketwired - April 17, 2017) - Orbite Technologies Inc.(TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") has been advised by the Toronto Stock Exchange(the "TSX") that it will de-list the Company's securities effective as of the close of business on May 16, 2017for failure to meet the continued listing requirements of the TSX. The Company's securities will remain suspended from trading until that time.
The Company is currently subject to creditor protection under the provisions of the Bankruptcy and Insolvency Act ("BIA") after having filed a Notice of Intention to make a proposal (the "NOI") on April 3, 2017.
But looks like it took a few days before that happended so I guess they need to give time to the shorts to cover...