TSXV:RHT.H - Post by User
Comment by
Tropicalsunon Jan 16, 2024 8:48pm
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Post# 35830343
RE:RE:RE:RE:RE:RE:RE:You would think an NR by now would be appropiate!!!
RE:RE:RE:RE:RE:RE:RE:You would think an NR by now would be appropiate!!!Reggie1 wrote: Regarding your comments and I will not debate semantics other than its pretty clear who told them Jan 12....
"the company applied for and received an extension of its MCTO by the BCSC. The company is now required to complete its annual filings by Jan. 12" Tropicalsun wrote: Reggie1 wrote: From the NR Dec 27th....
"The company is now required to complete its annual filings by Jan. 12, 2024, with the interim filings being due for filing within five business days after the annual filings have been filed." Mitch43 wrote: I'll refer you to a post from tropicalsun:
If you read cautiously/properly the interim CEO notification about the release of the fins it says :
""the company expects to file by the 12th of January"...
it does not say that it wil, but that it will keep investors informed....(accordingly to the regulators
rules attached to the CO cease to trade orser )
You would be correct, however if you continue reading further below in the same news release it says that the company expects to file by the 12th of January, and the company will update as needed.
Also in the January 9th press release it says the company expects to file by the 12th of January and will provide updates as required. Nowhere have I read that any securities commision has told the company a specific date. Now that will likely change if the don't get their Krapp together, those are my words.
From a post earlier today, it appears that the company, auditors and securities commision are all in the loop. Reliq was allowed to issue a press release for a new contract last week, common sense tells me that the company is working with the auditors to get whatever issues resolved.
That does not mean that shareholders will be happy, until we see the numbers, it really is a Krapp shoot. Also keep in mind, since this fiasco started, for every seller there has been a buyer. Food for thought.
Fair enough and I would agree, I guess the head scracther for me is that the company wording in the press releases that says we expect to, but implies that we might not as has been the case I guess twice now. So at the end of the day, it would appear that the securities commision is still willing to grant more time.
Is this normal practice by the BCSC? I have no clue, way over my pay grade.