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Re: Type0neg post# 2291

Tuesday, 05/08/2018 3:50:14 PM

Tuesday, May 08, 2018 3:50:14 PM

Post# of 7086
I'm not sure about this particular case but I have seen just a couple examples previously. One was for a Nevada entity with an American address that made no Canadian filings whatsoever, only American ones. Somehow Canada determined that the company was actually being directed or administered from their country and thus issued a Cease Trade Order based on no filings. That was several years ago, just before the company stopped filing in the states. That Order is now holding up a Nevada reinstatement attempt currently underway. There is a CE on that ticker.

The other example was a Nevada entity with a Canadian address that ceased operations and stopped filings, both with OTC and Canada apparently. The Cease Trade Order was based on the Canadian filings having come to a halt. Interestingly, that ticker has a Stop Sign, not a CE.

Both of those tickers showed the Cease Trade Orders as News on OTC Markets. I wonder why GNCC doesn't?