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Bullboard - Stock Discussion Forum Active Control Technology Inc ATIVF

GREY:ATIVF - Post Discussion

Active Control Technology Inc > according to Peter...
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Post by positiveoutlook on Nov 19, 2010 7:08pm

according to Peter...

the announcement on Sedar was not to be posted concerning the AGM as being dec 15th ad by law it cannot be announced until 24 days after the release of the year end financial report. As the report has not even been delivered there can not be  a release with the set date for the year end. The meeting is not cancelled but will be held in the new year likely after the proper amount of time has lapsed after the release of year end results. There are no catastrophes at the company.
Peter believes the legal dept made the original announcement concerning the meeting as there were talks or an earlier release but it didn't happen and the release should never have gone out.
Again, no cancellation of the meeting, just the release date of the AGM
Comment by badactor on Nov 19, 2010 7:16pm
I also recieved the same info. Todays selling seemed to be one house cleaning up year end position. The sky is not falling. YET !
Comment by pioneer0 on Nov 19, 2010 7:21pm
thanks once again positive
Comment by hydra100 on Nov 20, 2010 6:39am
Thank you for this.It would seem the right hand does not know what the left is doing.  Waiting for financials is really tough.How would they issue a nr to say this?  I do not know but I believe it harms the company and sp, but then again how much more harm can be done?
Comment by hydra100 on Nov 20, 2010 9:48am
You have not looked up lately chicken little as the sky has fallen and is gone, baby done.House cleaning?  More like bloodletting. 
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