Reliq Health Technologies Inc V.RHT.H

requirements for stocks to upgrade from NEX Exchange

[mingzhu]

To upgrade from the NEX Exchange to the TSX Venture Exchange, a company must meet several key requirements:

1. Business Activity: The company must be actively carrying on business and pursuing growth and shareholder value1.
2. Financial Standards: The company needs to meet the financial standards set by the TSX Venture Exchange, which include minimum market capitalization and working capital requirements( ($5m)
3. Corporate Governance: The company must comply with the corporate governance standards of the TSX Venture Exchange1.
4. Disclosure Requirements: The company must adhere to the disclosure standards required by the TSX Venture Exchange, ensuring transparency and accountability1.

[EdinColorado]

#4 is a hurdle that the management has demonstrated for years that it is incapable of clearing. A buyout now would be both a fire sale tragedy for investors and a mercy killing. TSX regulators need to do MUCH better.