Novra Technologies Inc V.NVI

50 percent off sale, Locked 6 C

[capt1120]

Another first of the week and No news, stock is locked here at 6 cents and 140,000 offered out loud at 11, Looks like this whole $$$ amount raised has not made into the company treasury if U look at Sedar there has been no filings, U would think if there was a shread of truth to any of this 1 percent money loan from a family run trust U would believe there would be bids in the quote during this halt period which its viod of ? Looks like a Black Friday sale with it locked at 6 when the stock was last at 12 on the news of a capital injection. Nothing more to say than what's already been stated, disappointing to say the least.

[Ciao]

There is a binding agreement for the loan with terms we are not aware of. The NR states that the TSXV needs to give approval. Does the TSXV need to validate the financial strength of the lender? I wouldn't look too deep into the bid/ask on a halted stock. When the news comes out investors will need to process that information and act accordingly.

[capt1120]

I can't see it being the financial strength of the lender as they are more than likely an exempt investor with assets of over 5 million, I know we are all spit balling at this situation, like one follower here mentioned weeks ago it would be nice for the company to press release an update, just to clear the air where the headwinds are, if this boils down to a regulatory log jam of clearing up