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Bullboard - Stock Discussion Forum Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID... see more

TSXV:CLAS.H - Post Discussion

Claritas Pharmaceuticals Inc > Halt could last four more months...
View:
Post by TheQQMon on Jul 24, 2020 2:58pm

Halt could last four more months...

The Company expects that the FFCTO would be removed prior to the expiration of the customary hold period for private placement offerings that affect all issuers, in which case investors would not be subject to any hold periods beyond what is expected for all private placements.
2:55 PM
"Private placements of securities in Canada require a 4 month hold period " https://media2.mofo.com/documents/150203allthingscanadian.pdf
Comment by Chritters on Jul 24, 2020 3:13pm
Thats for the Private Placement they just raised, Thats nothing to do with the stock halt itself. THis was halted because they didnt have the funds to complete the audit and pay for it, Now they have the money they just have to get the Filings completed and reapply to have the halt removed
Comment by Qwerty123456 on Jul 24, 2020 5:04pm
Chritters, so when realistically do you see this stock trading again? A week or two? Thanks.
Comment by Chritters on Jul 25, 2020 10:21am
I am hoping its only a week or 2 I am planning on First week of August. They have the Money for now.
Comment by Matteo1234 on Jul 26, 2020 6:33am
Unless your a short term trader you shouldn't care. Like buffet says it's ownership in a company. Private or Public. Take the market cap divide your shares. That's the value.
Comment by Malfuncion on Jul 26, 2020 3:48pm
So what’s the value then
Comment by Moonshiner592 on Jul 26, 2020 3:35pm
My forecast - halt will be lifted before August 7th
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