GREY:LTTGF - Post by User
Comment by
hintonkidon Mar 26, 2021 10:53am
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Post# 32885881
RE:RE:RE:RE:RE:RE:RE:now it looks like a great investment
RE:RE:RE:RE:RE:RE:RE:now it looks like a great investmentThe conversion rate, for RBC Direct Investing Accounts, was one for one. Basically, the only thing that changed was the trading symbol. With the Cease Trade Order still in place, as indicated on the Canadian Securities Administrator website, Canadian Institutions are still unable to allow trades in Lotto-Gopher Holdings securities no matter what their classification (common shares, warrants, perferred shares, debentures and so on). The reason for the Cease Trade Order issuance by the Canadian Securities Administrator is that the company failed to file their financials for September 2018, etc. Full details regarding the issuance is spelled out on the CSA website when you look up Lotto-Gopher Holdings on the website as well as a description of all of the codes, etc. and details as to the rules and regulations as to when a Cease Trade Order is issued and trading restrictions for Institutions and other accredited investors and in what jurisdictions that the CTO may apply to. I suspect that it could still be a bit of a wait for Canadian investors before Lotto-Gopher Holdings and Bravio Entertainment get the legal and accounting issues completely resolved in regard to the failed Reverse Take Over (RTO) and Lotto-Gopher Holdings is able to file an ammended financial report for the period from September 2018 to the completion of the unwinding of the RTO and satisfy the CTO compliance issues.