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Bullboard - Stock Discussion Forum Sofame Technologies Inc SFMGF

Sofame Technologies Inc is a Canada based company engaged in engineering and manufacturing direct-contact heat recovery and industrial water heating systems. Its services and products belong in the categories of power boiler and heat exchanger manufacturing. The products of the company include percotherm, percomax, hybrid oercotherm, launrec RBT, among others. The organization generates revenue... see more

GREY:SFMGF - Post Discussion

Sofame Technologies Inc > Time for News
View:
Post by Bigswede on Aug 19, 2015 10:42am

Time for News

Really overdue for some news....any news.
Comment by vinc1712 on Aug 19, 2015 12:08pm
im confident that we'll get some news by the end of august!
Comment by canyousay on Aug 22, 2015 8:13am
Hopefully it will be the audited financials which will pave the way for lifting of the halt. I believe that when the stock was halted due to the audit incompletion, a June timeline was mentioned.
Comment by Xstorm2 on Aug 24, 2015 3:02pm
This was odd today. See if the graph shows up. SOFAME TECHNOLOGIES INC SDW:TSXV View SFMGF on the GREY MARKET Set Alert Last Change Bid (size) Ask (size) Volume Day Range  ...more  
Comment by canyousay on Sep 01, 2015 6:38pm
2016 or you wanna play it safer?
Comment by Bigswede on Sep 01, 2015 9:19pm
I really don't think it is fair not to have said a little something by now....regardless of the outcome.
Comment by canyousay on Sep 02, 2015 7:26am
It seems like if you call them, they will give you some promising details. The last communication was blaming auditors for the halt. Yes, from an investors relations perspective, by now they should have given an update. If they still haven't found the money to pay the auditors, I don't think any talks behind the scenes are good for existing shareholders. As I said, how much negotiating ...more  
Comment by Bigswede on Sep 03, 2015 7:36am
The Cease Trade Order was a result of their mismanagement....taking away our right to Trade....buying or selling for 1/2 cent if one wanted to. There is a total lack of protection on these Exchanges for Shareholders.
Comment by canyousay on Sep 04, 2015 8:44am
Majority of attractive start-ups are privately funded and once they achieve certain growth and profitability, they get bought out by bigger companies. For the large part TSX Venture Exchange is a casino for those folk that can't access private investments to try their luck in companies that largely cannot secure enough private funding. The rate of success on these venture investments is ...more  
Comment by nellybb on Sep 04, 2015 10:24pm
Your correct I'm one of the many
Comment by canyousay on Sep 12, 2015 7:34pm
The last word was once they get paid for the last contract, they will pay the auditors and get the audit done. The longer this takes the more questions there are, and the questions that come to my mind do not ooze optimism.