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Jimmer10

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Jimmer10

Re: prototype_101 post# 566

Saturday, 01/04/2020 1:55:25 PM

Saturday, January 04, 2020 1:55:25 PM

Post# of 10490
The review was triggered when they did the last round of financing. I am not sure on the specific requirements they need to come into compliance with, but i suspect capitalization of the company is one. Here is a decent PDF on it:

http://www.goodmans.ca/files/file/docs/04.29.2009%20Corp%20Sec%20Update.pdf

This is all new to me. I suspect that if they are delisted from the TSX, they can be listed on the TSXV (Venture). I don't believe that impacts the OTC grey market.

This delisting review may help accelerate a move to the NASDAQ, if they can find some big money investors to support them in the US. Will be interesting to see what happens next week.
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