TSXV:YDX.H - Post by User
Comment by
TonkaDogon Mar 18, 2021 12:34pm
143 Views
Post# 32826451
RE:To remain halted -
RE:To remain halted - Again...the CEO of YDX, Daniel Japiassu, needs to resign asap. The continued halt is likely because the details are sketchy....which infers urgency and a rush to prevent being removed and downlisted.
Who's going to defend the CEO now? What excuses can you make to justify this? And what of the company taking over YDX? The new 'parent' company also rushed things. Not a great partnership when both are Simple Jack in executive prescience.
If the deal is killed by the exchange...pps dives (and will little volume investors are going to be waiting and waiting). Then what? CEO Simple Jack will simply go to the next shiny thing till YDX is downlisted into Vancouver. Geez.
If approved...the parent co is going to have a very difficult time getting Simple Jack to do anything beneficial for shareholders, as he's disappointingly proven for over 10 years.
AND...the exchange ALWAYS gives LOTS AND LOTS of warning of potential violations and failures of compliance.
In other words, Daniel knew a long time ago. And did nothing LOL. Then it came to crunch time and he bloody rushed it. He didn't 'choke'. He rushed it.
I've texted Daniel many times in the past. Called and spoke at length many time. He simply is not cut out for YDX technology. Ever know someone that's not in your weight-class?
READ between the lines...Simple Jack is a profoundly dismal CEO that he knowingly almost (tbd) caused YDX into being suspended and delisted from the big board. Everything investors put in would have been dumped.
And not one word of guidance, clarity, awareness of investors...nothing from Simple Jack. Not even an apology or explanation of what he did or what he caused to happen. Not one iota of professional responsibility...you think he's going to change after this? LOL. He's going to think he 'just made it' and will take that as a win.
And that is why I wholehearedly believe Daniel Japsiassu should, in the best interest of YDX and investors, immediately resign. His contact info with phone number are listed in all the PRs.
2020oilgamble wrote:
Wed Mar 17 19:48:31 2021 EDT
YDX Innovation Corp (2) (TSX-V:YDX)
Shares Issued 34,615,763
Last Close 3/16/2021 $0.135
Wednesday March 17 2021 - Halt Trading
Further to the TSX Venture Exchange bulletin dated March 17, 2021, trading in the shares of the company will remain halted, pending receipt and review of acceptable documentation regarding the reverse takeover, pursuant to listings Policy 5.2.
This regulatory halt is imposed by Investment Industry Regulatory Organization of Canada, the market regulator of the exchange, pursuant to the provisions of Section 10.9(1) of the universal market integrity rules.
2Z-PR-ESCS-12