GREY:CNTTQ - Post by User
Comment by
Eggplanton Sep 24, 2019 5:24pm
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Post# 30160785
RE:Delisting from NYSE
RE:Delisting from NYSENot in the cards..remember Ford in 2009/2009..hit .98 cents US. NYSE doesnt suspend just because its under $1. NYSE makes an asessment and they will review TRST within 6 months.
In the meantimewith$214 million cash in the bank TRST is on allcylinders to return to compliance. they are closeto completing. Standard OPerating procedures are being tiighten with tightcompany complianceoversight.
in the meantime partial suspension allows TRST to continue to pruneand cultivate existing approved and licenese areas.
We will see that TRST will perservere and rise above this crisis.
the volume is low relative to issue and thismeans that holders and major investors are waiting for thecompanies progress.
$214 million can buy alotof things, so hang tight. experts are on this recovery