Applied DNA Sciences Inc (APDN)

[mcsharkey]

Yeah Monster, we've been down the TrustedBrands trail since early June. Got a post in our history files since then on TrustedBrands getting a "HOLD" placed on their trading status recently.

Related to FAILS TO DELIVER on some dealings. On viewing it, wasn't aligned to Theracann. Dug back up a couple things of interest we have posted here relating to Toronto

Toronto Stock Exchange Woos Firms as Race for Israeli Tech Listings Grows
Yossi Boker, head of business development for the exchange in Israel, says there is a ‘pile of new listings in the pipeline if everything goes as planned’
By SHOSHANNA SOLOMON
9 June 2019, 3:23 pm
The announcement last month that Israel’s largest medical cannabis producer Breath of Life International Ltd. will list shares on the Toronto Stock Exchange (TSX) is a boost for the exchange chiefs who are seeking to draw more Israeli tech firms to their trading floors.

The news was followed by the announcement that Adcore, a Tel Aviv-based adtech firm, on May 29 completed a share listing on the TSX Venture Exchange (TSXV), bringing the number of Israeli companies that are listed on the TSX, Toronto’s senior equity market, and the TSXV, the public venture exchange that targets growth companies, to 10.....
Link to June 9th

Nuther article, policy statement of the Toronto Venture Capital Exchange on the type of Capital Pool funding IPO method Theracann is executing with Trusted Brands serving the equivalency as an undewriter here:

Capital Pool Company (CPC) Program


The CPC program is a unique listing vehicle offered exclusively by TSX Venture Exchange. The program is a two-phased process involving the following steps:

Phase 1 - The Capital Pool Company
Creating the CPC:

Minimum three individuals with an appropriate combination of business and public company experience put up a minimum of the greater of $100,000 or 5% of total funds raised.
These founders incorporate a shell company - the Capital Pool Company (CPC) - and issue shares in exchange for seed capital at a minimum price between the greater of $0.05 or 50% of the price at which subsequent shares are to be sold via prospectus.
The CPC and its advisors prepare a prospectus that outlines management's intention to raise between $200,000 and $4,750,000 by selling CPC shares at typically twice the issuance price of the seed shares, and to use the proceeds to identify and evaluate potential acquisitions.
Selling the shares:
The CPC files the prospectus with the appropriate securities commission(s), and applies for listing on TSXV.
Regulatory authorities review the prospectus and inform your professional advisors of any deficiencies.
After all deficiencies are cleared to the satisfaction of the regulators, file an amended prospectus in final form.
The securities commission will issue a final receipt as acceptance of the prospectus.
This approval allows your company to begin selling shares in the provincial jurisdictions where a final receipt has been issued.
The broker sells the CPC shares, pursuant to the prospectus, to at least 200 arm's length shareholders, each of whom buys at least 1,000 shares. No one purchaser can purchase more than 2% of the offering, and no one purchaser together with his, her, or its associates or affiliates can purchase more than 4% of the offering.
Once the distribution has been completed and closed, the CPC is listed for trading in the secondary market. The symbol includes a .P to identify the company as a CPC.
Phase 2 - The Qualifying Transaction....

Long row to hoe from here...

Let's see Hayward's next action in STOPPING THE DELISTING

With yesterday's funding, thinking corporate buy-out by multi-national is OFF THE TABLE

Sighhhhhhh

Gotta dig around later for that damn NO TRADING order on Trusted Brands.

GLTUA