Tenet Fintech Group Inc. C.PKK

RE:Nasdaq, schmasdaq

[TimSanders]

lscfa wrote:

Delisting will enable the Company to avoid the extensive amount of management's time, attention and resources expended on regulatory compliance with Nasdaq's continued listing requirements. Additionally, delisting will enable the Company to avoid numerous on-going costs associated with continued listing including annual fees, legal costs, and audit costs.

https://www.newsfilecorp.com/release/135843/Burcon-Announces-Delisting-from-Nasdaq-Capital-Market

Quarterhill and its Board of Directors have made the decision to delist the Common Shares from the Nasdaq and to terminate registration under the Exchange Act following their review and careful consideration of the significant administrative burden and costs of being a United States reporting company. The savings to be derived from this change are expected to be financially meaningful to Quarterhill and may exceed CDN$1,000,000 in 2020 and following years, thus reflecting Quarterhill's continued disciplined focus on managing costs for the benefit of its business and shareholders.

https://www.newswire.ca/news-releases/quarterhill-announces-u-s-delisting-and-deregistration-835954224.html

 

the company wont make it on the nasdaq until their out of debt. Still 5 mill per quarter in the red. It will take years, especially China on constant lock down. Still a great stock to short, a market crash mid/late october