Post by
easyoasy on Aug 08, 2017 10:01am
Shaker13
Have you any more advice for the people that you advised to buy into this rapidly disappearing stock????????????
You have been strangely quite , tell us all again what Ross is saying these days ,no financials ready yet.
Word of advice to all stockholders the NEX i the penultimate listing, from here you delist
.What are the regulatory requirements for being listed on NEX?
A company listed on NEX may continue to have its securities listed for an indefinite period of time provided that it meets NEX listing requirements. In the event that a listed company does not comply with NEX Policies, fails to comply with applicable securities laws, completes a Reverse Takeover ("RTO"), conducts transactions or activities such that it meets applicable TSX Venture listing standards, or if NEX determines that it is in its best interest, NEX may delist the company.
If a listed company undertakes an RTO as defined in TSX Venture Policies, it will be subject to compliance with TSX Venture Policies governing RTOs. Subject to the halt requirements for RTOs, it will be permitted to continue to trade on NEX until completion of the RTO, at which time it will be required to graduate to TSX Venture or simply delist.
As NEX is a board of TSX Venture Exchange, Investment Industry Regulatory Organization of Canada (IIROC) provides the same regulation services as currently provided to TSX Venture.