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Coloured Ties Capital Inc V.TIE

Alternate Symbol(s):  APEOF

Coloured Ties Capital Inc. is a Canada-based investment company. The Company is focused on investing in early-stage commercial ventures and provides investee companies with capital market access and advisory services. The Company invests in equity, debt and convertible securities, which the Company intends will be acquired and held both for long-term capital appreciation and shorter-term gains. The Company’s investment strategy also includes structuring and initiating deals focused on resources, themes, or regions as well as launching the development of businesses in select industries by helping with the hiring of management teams, providing seed capital and facilitating the transition of such private companies to the public market.


TSXV:TIE - Post by User

Bullboard Posts
Post by ScotiaOneon Apr 21, 2020 5:15pm
166 Views
Post# 30936180

Not that it means much...

Not that it means much...Couple of points to share. The decision to halt trading of the securities of GrowMax was made by the TSX Venture Exchange (TSX-V).  GrowMax is still a listed issuer at the TSX-V.  Therefore we need to contact the TSX-V to enquire about the trading halt.

As a shareholder, our rights and recourse for a director/officer’s breach of fiduciary duty are set out in the Business Corporations Act, SBC 2002, c.57.  Anyone know enough to know if they are in breach sufficiently to warrant a civil action?

2019 annual audited financial statements are due at the end of April, 2020.  In light of the pandemic, there is a blanket allowance to reporting issuers of an additional 45 days beyond due date to file financial statements. Bet they use every one of those 45 days.
Bullboard Posts