Canntrust Holdings Inc (TRST): All the talk of imminent delisting of TR...

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Sam Dan

Re: None

Friday, 02/07/2020 2:57:55 PM

Friday, February 07, 2020 2:57:55 PM

All the talk of imminent delisting of TRST is unwarranted
.The PR of November states reality

“On November 26, 2019, CannTrust announced that, as a result of the delay in filing the aforementioned financial disclosures, the Toronto Stock Exchange (the "TSX") intended to review the Company's eligibility to continue listing its common shares. The TSX advised that if the Company is unable to satisfy its disclosure requirements by March 25, 2020, the Company's securities will be delisted 30 days following this date. The Company fully anticipates filing the associated disclosures and meeting the TSX's requirements prior to March 25, 2020.”

Further, the company had in December placed their staff on a mandated 4 month notice that after that date, employment could be ended for all staff.
In statements, management said they were confident they could meet the deadlines. Only time will tell.