Netcents Technology Inc NTTCF

Cease Trade Order

[Arbutus22]

Stunningly inept of management to get to this point where a CTO has now been issued. They've have +5 months to get the financial filed and haven't done so. They seemingly have talented management so what the %$# is going on?! Yes, pissed shareholder here.

[jhkendal]

I hope this isn't another Canadian pump and dump scam Vancouver mining company. :( 

[JohnnyWallSt]

Is this why the stock is halted? Why wouldn't it halt on the 5th then when WTO news was released? Maybe it's big news instead?

[Arbutus22]

IIROC rules: When a company fails to make timely disclosure of material information, the provincial securities regulators can issue a Cease Trade Order (CTO) which stops the trading of the company’s stock. Once issued, a CTO remains in effect until the company meets its disclosure obligations. NC is now +2 months late in filing an annual report that was due Dec 31. As a result, CTO issued. The

[Arbutus22]

I just left a voicemail at Investor Relations: 604-305-2682, expressing my displeasure. Suggest all shareholders call in to pressure management. It's all we can do at this point.

[JohnnyWallSt]

Thanks for the info!

[u30822]

It's tradeing in the US.....$.45 bid $.497 ask

[JohnnyWallSt]

This may be halted for a few days then?

[Arbutus22]

Over the Counter exchange is the wild west. They don't have to halt trading just b/c BCSC halts. For what its worth, my gut feeling (now that I've calmed after the initial shock of the CTO) is that  I agree with JohhnyWall's post in the sense that this continues to be an administrative issue; nothing related to company fundamentals or future growth. The BSCS has no choice but to

[Its_all_timing]

Geez.....man I hope your right. My stomach hurts from .

[Arbutus22]

Yup, your pain is my pain. Hope I'm right too. Being patient is tough but, with the CTO in place, patience is our only option!