Bullboard - Stock Discussion Forum MAGOR CORPORATION MGORF

Technology Software - Application

"Magor Corp is engaged in designing, developing and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market."

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MAGOR CORPORATION > Is MCC.V delisted

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Post by DoubleDoubleUp on Dec 06, 2016 3:43pm

Is MCC.V delisted

I can't find the quote any more from my bank. Never experienced this kind of stock. Should I have a notice or something as I still have this stock.

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Comment by tterry on Dec 06, 2016 5:41pm

Magor downgraded to NEX 2016-12-05 18:37 ET - Symbol Change Shares issued 51,725,489 MCC Close 2016-12-05 C$ 0.005 In accordance with TSX Venture Exchange Policy 2.5, the company has not maintained the requirements for a TSX Venture Exchange Tier 2 company. Therefore, effective at the opening on Tuesday, Dec. 6, 2016, the company's listing will transfer to the NEX, the company's tier ...more

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Comment by DoubleDoubleUp on Dec 06, 2016 9:29pm

Thanks for the explanation. Will it come back if it goes above 1 cent?

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Comment by tterry on Dec 06, 2016 11:43pm

Only the guys at Magor know now. From 2015 Financial statement looks like the debt has been transferred into debentures and sir terry owns the company that owns the debentures so any money left after bankruptcy goes to sir terry. I sold and have moved on.

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