ICBS Limited (ICBT)

[@realToothFairy]

Important ICBS DD

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samsamsamiam Sunday, 08/31/14 05:26:59 PM
Re: Curious2u post# 75440
Post # of 75475
ICBT/ICBS LTD

yes - The CSA slapped a CTO on them in June 2014

http://cto-iov.csa-acvm.ca/SearchArticles.asp?Instance=101&Form=1&Attr3=1&IssuerPerson=*icbs*&x=60&y=10&begins=on

Issued Date Name Juris. Status Expiry Date Exception Type
2014/06/12 ICBS, Ltd. QC Issued None No Ban Securities Trading OF


(note:There are two types of orders: (1) Ban Securities Trading OF cease trade orders which prohibits trading in the securities of a company and (2) Ban Securities Trading BY cease trade orders that prevent specific individuals and companies from trading in securities.)


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http://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=1391654C67644646B2DA051895BBC669



google translation
DECISION No: 2014-0179-CNF
CASE NO: 35700
Subject: ICBS, Ltd.
Cease trading in securities
Given the CNF-2014-0138 decision, delivered May 28, 2014, immediately prohibiting ICBS
Ltd. ("the issuer of the counter market") and its securityholders, brokers and
their representatives and any other person, any activity related to transactions
the values ??of the issuer of the counter market for a period of 15 days
the date of the decision to ban (the "interim decision");
Given the failure of the issuer of the OTC market to file with the Autorité
des marchés financiers (the "AMF") documents and information ("failure") required
under section 73 of the Securities Act, RSQ, c. V-1.1 (the "Act") and Article
5 of Regulation 51-105 Issuers Quoted on contracts by American option, RRQ,
c. V-1.1, r. 24.1 ("NI 51-105");
Given the temporary decision sent to the issuer market OTC informing
the following:
- It was in the public interest to issue a cease trade its values
Following his failure to file the documents and information required under the
Act and Regulation 51-105;
- There was urgency to deliver this decision and any time given to him
allow to submit its comments could prejudice;
Given the notice under section 318 of the Act included in the temporary decision, whereby
Authority advised the reporting issuer market OTC his intention to pronounce
June 12, 2014, under section 265 of the Act, a new cease trade
values ??if it was still required to file with the Authority, the documents and
information required under the Act and Regulation 51-105;
Given the non-issuer market OTC remedy the breach of
date of this decision;
Having regard to Articles 265, 267 and 318 of the Act;
Given the delegates in accordance with Article 24 of the Act on the powers Markets Authority
financial, R.S.Q., c. A-33.2."
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