Not trying to bash the company, just stating facts. The following is from the TSX Venture Exchange;
An Issuer whose Listed Shares remain halted or suspended for a period of more than 90 days must meet the following requirements in order to be reinstated for trading:
(a) the Issuer must make an application for reinstatement of trading, demonstrating that it meets the Exchange’s Minimum Listings Requirements and is otherwise in good standing, including attendance at a pre-filing conference and, if required, obtaining sponsorship. If the Issuer had Tier 1 Issuer status before the suspension and wishes to regain Tier 1 status, the appropriate Tier 1 Issuer requirements must be met to regain that status instead of Tier 2 Issuer status;
(b) an Issuer that has been subject to a Cease Trade Order for more than 90 days or whose Listed Shares have not traded for 12 months must file a reinstatement submission, including a Prospectus, Information Circular, comprehensive press release, filing statement or such other disclosure document as the Exchange may determine appropriate in the circumstances, accompanied by all supporting documentation and the appropriate filing fees; and
(c) the Issuer must receive approval for reinstatement from the Exchange, which will conduct a review of any compliance problems or investigations, evidence as to meeting the Minimum Listings Requirements, the Issuer’s new business proposal and whether it appears to be in the interest of the investing public to permit continued listing.
Does anyone know if the issuer has made an application for reinstatement of trading yet, or are they still trying to get the financials done?