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DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. Its business lines are referred to as Core (infrastructure) and Core+ (software and services). The Company operates its transaction verification services business, known as Bitcoin mining, in Western Canada. It owns and operates its data center in Christina Lake, BC. Its regulatory and compliance platforms include Terra Pool, Blockseer Walletscore, Mine Manager and Blockseer Petra. Its crypto safety and security platforms include Blockseer Intelligence, Blockseer Exchange and Blockseer Breeze. It also provides bespoke data center deployments specializing in digital asset mining and artificial intelligence (AI). It also offers highly optimized solution to automate and manage hashrate contracts. Its subsidiary, Systemic Trust Corporation, is focused on custody of digital assets.


TSXV:DMGI - Post by User

Comment by PaintingTheTapeon Jul 13, 2019 8:51am
404 Views
Post# 29916575

RE:Trading

RE:TradingKeep in mind that even once the CTO has been revoked, DMGI will continue to remain halted pursuant to TSXV Listing Policy 2.9 –Trading Halts, Suspensions and Delisting => specifically Section 3.1 (c) :
 
The Exchange may impose a suspension in a variety of circumstances including where:
 
(c) a Securities Commission issues a Cease Trade Order relating to the Issuer.  In this case the trading suspension will not be revoked by the Exchange until the Commission rescinds its Cease Trade Order and the Exchange examines the Issuer for compliance with the Continued Listing Requirements;

Once the TSXV completes its review and determines all is to its satisfaction, then the TSXV will inform IIROC to resume trading.
 
Considering the CTO is still active and the TSXV wont conduct their review until after its rescinded, it could still be a while before this is trading again. Fingers crossed it’s back in the action soon though!


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