RE:Active board for a halted stock After your post I know you are delusional and you are far to emotionally invested in this stock. Saying that being halted to avoid tax loss selling is good to maintain stockholder value is absolutely ridiculous. Being halted stops those that want to sell for the tax loss from selling and that is a more than questionable way of doing business. The people running the company should not be trusted after a slimy move like that. If shareholders think this deal has no merit or no chance of succeeding then they should be allowed to sell. Remember the last halt that accomplished nothing?
Then there the assumption that First Nations is well run. Did you read the article and see the picture in the link posted on this board? Looks like they are working out of a makeshift shack attached to the guys mobile home and he has made so much money he was able to pay to have his roof fixed. Wow a couple of grand to have new shingles installed. You must also have missed the part about there being so many of these retailers that the community was starting to see them as a problem
As for running a business that's one of the most questionable parts of this deal. Near where I live the First Nation built a golf course or I should say had it built for them. They could not keep the club house going because of lack of employees even though there was plenty of unemployment on the reserve. I know this because a friend of mine was hired to run the kitchen and couldn't count on people showing up for work. They also built a casino to employ their people. I haven't been there but I'm told there are few if any natives working there. I worked on the road that now connects Inuvik and Tuktoyaktuk and it was hit and miss if the natives were going to show up for work and generally the first few days after payday were the worst.
You haven't even mentioned that the deal will need approval from the exchange and the shareholders. The shareholders will of course approve anything since it's better than the nothing that's been happening for years but the exchange may decide that it could be seen as screwing over the natives and say no to it, that will be after they finish laughing. You may also want to consider they are an inactive company and in that last update they were still a mining company.
I've afford you some real reasons why this is a stock to stay away from and a stock to get out of if and when that becomes possible you have assumptions and hopes $hit in one hand and hope in the other and see which one fills up first