KGIC Inc LGLTF

Insider Selling When Financial Statement is Delayed?

[kim2015]

https://www.tmxmoney.com/TMX/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en
May 8th Sold 207,000 = $93,207.50
May 7th Sold 114,000 = $57,000.00

Isn't this illegal with insider knowledge?

I heard that the stock exchange can cease trade the company's stock if the company is unable to file its annual report after certain number of days. Some said 2 weeks, some said never, and public companies can file their annual report at its leisure without consequences.

[Wiseom]

wow I hope this isn't true.. it would only be illegal if they know what the results are

[trac3]

Good Evening Wiseom Loved your post on Insider Selling Thanks for the best chuckle I've had today. The Insiders would have no ideal how well or bad the company is doing!! That's a real thumbs for our great management. Suppose they also never heard about all the recent great buy recommendations reported in the media, BNN & of course Stockhouse. The cheerleaders will soon be posting the

[freedom45]

I've also seen this selling daily for a week now but have yet to see by whom. 5 days to report. I doubt regulators would allow selling if there was material finncial news known but yet to be released. Interesting though.