Clearly BullishStockHousers,
Fobi traded down to $2.69, then shot up 13.3% to $3.05 in the hour before being halted at the behest of the company.
Clearly, this is good news that was leaked and once the company saw the price action they requested that IIROC halt the stock. Fobi obviously was not at the point where they could release the news but given the obvious leak in the market they had to request the halt. It will be halted until the transaction at question is finalized or can be reported, but if you think this is negative, you are fooling yourself.
CM