Bee Vectoring Technologies International Inc C.BEE

RE:23-101 Trading Halts / BEE

[throwaway11]

Fancy the thought. I wonder just where the money could've been found to continue paying their listing fees! Possibly, Malik could've lowered his insane salary, but then it would've meant ensuring the company succeeded so his shares would be worth something instead. 

I held this years ago and have followed it from the sidelines since conceptually I liked the idea. But most of these Canadian microcaps are dilution schemes, or others, like this one, have management that pays itself handsomely with shareholder money while the ship sinks (in some cases the handsome pay is specifically what causes the ship to sink in the first place).

Canada, stop complaining about the withdrawing of foreign investment and MAKE YOUR MARKETS TRUSTWORTHY.

singlefile wrote: So here's the ref. - it's multi-layered so who knows - under PART 5 / 5.1 (23-101) / The halt notice came from the CSE (see below)  so I am assuming BEE did not pay their listing fees .. as per "Regulatory Halts" below.

PART 5 REGULATORY HALTS

5.1 Regulatory Halts -- Section 5.1 of the Instrument applies when a regulatory halt has been imposed by a regulation services provider, a recognized exchange, or a recognized quotation and trade reporting system. A regulatory halt, as referred to in section 5.1 of the Instrument, is one that is imposed to maintain a fair and orderly market, including halts related to a timely disclosure policy, or because there has been a violation of regulatory requirements. In the view of the Canadian securities regulatory authorities, an order may trade on a marketplace despite the fact that trading of the security has been suspended because the issuer of the security has ceased to meet minimum listing or quotation requirements, or has failed to pay to the recognized exchange, or the recognized quotation and trade reporting system any fees in respect of the listing or quotation of securities of the issuer. Similarly, an order may trade on a marketplace despite the fact that trading of the security has been delayed or halted because of technical problems affecting only the trading system of the recognized exchange, or recognized quotation and trade reporting system.

https://www.osc.ca/en/securities-law/instruments-rules-policies/2/23-101/changes-companion-policy-23-101-cp-trading-rules
 

CSE Bulletin: Suspensions - CEG, BEE, HRO, APKI

02/04/2025 11:37 AM ET

Toronto, Ontario--(Newsfile Corp. - Le 4 Fvrier/February 2025) - Effective immediately, the following companies are suspended pursuant to CSE Policy 3. The suspensions are considered Regulatory Halts as defined in National Instrument 23-101 Trading Rules. Cease Trade Orders have been issued by one or more securities commissions.

For more information about Cease Trade Orders, visit the Canadian Securities Administrators Cease Trade Order database at www.securities-administrators.ca.

_________________________________

En vigueur immdiatement, les socits suivantes sont suspendues conformment la politique 3 du CSE. Les suspensions sont considres comme des arrts rglementaires au sens du Rglement 23-101 sur les rgles de ngociation. Un ordre d'interdiction d'oprations a t mis par une ou plusieurs commissions des valeurs mobilires.

Pour en savoir plus sur les ordonnances d'interdiction d'oprations, visitez la base de donnes des ordonnances d'interdiction d'oprations des Autorits canadiennes en valeurs mobilires www.securities-administrators.ca.

 Company Name/ Symbol/ Securities Commission/Commission Nom de la compagnie : Symbole : des Valeurs Mobilires Cerro Grande Mining Corporation CEG Ontario Securities Commission Bee Vectoring Technologies BEE Ontario Securities Commission International Inc. Hero Innovation Group Inc. HRO British Columbia Securities Commission AAPKI Ventures Inc. APKI British Columbia Securities Commission

If you have any questions or require further information please contact Listings at [phone] or E-mail: [e-mail].

Si vous avez des questions ou si vous avez besoin d'informations supplmentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l'adresse: [e-mail].

(END) Dow Jones Newswires

February 04, 2025 11:37 ET (16:37 GMT)