Email to Theo@pashleth.com it was an email address that was on OTCMarkets site:
I am a Shareholder of Metaverse Capital (OTC:GBCHF) and wanted to know if you are able to share some information about the company? What is happening at the moment and in the near future? The company stopped trading for awhile and is currently being traded on the OTC and I was just curious as to why it just started back trading with no news?
Reply:
Metaverse Capital does not presently have a board of directors or management company, it has ceased trading by the BCSC (attached is the notice for your review). Our office is not acting on behalf of the company, we are simply holding its minute book. Unfortunately, I don’t have any additional information to provide.
Kind regards,
JUNITA
Pashleth
CORPORATE COMMUNICATIONS SPECIALIST
Suite 2630 – 1075 West Georgia Street
Vancouver, BC, V6E 3C9
Attachment that was included.
Citation: 2020 BCSECCOM 10
Cease Trade Order
Global Gaming Technologies Corp.
Metaverse Capital Corp.
(each referred to separately as the Issuer)
Under the securities legislation of British Columbia and Ontario (Legislation)
Background
¶ 1 This is the order of the regulator of the British Columbia Securities Commission
(the Principal Regulator) and evidences the decision of the regulator or securities
regulatory authority in Ontario (each a Decision Maker).
¶ 2 The Issuer has not filed the following periodic disclosure required by the
Legislation:
1. interim financial report for the period ended October 31, 2019,
2. interim management’s discussion and analysis for the period ended
October 31, 2019,
3. certification of interim filings for the period ended October 31, 2019.
¶ 3 As a result of this order, if the Issuer is a reporting issuer in a jurisdiction in which
Multilateral Instrument 11-103 Failure-to-File Cease Trade Orders in Multiple
Jurisdictions applies, a person or company must not trade in or purchase a security
of the Issuer in that jurisdiction, except in accordance with the conditions that are
contained in this order, if any, for so long as this order remains in effect.
¶ 4 Further, this order takes automatic effect in each jurisdiction of Canada that has a
statutory reciprocal order provision, subject to the terms of the local securities
legislation.
Interpretation
¶ 5 Terms defined in the Legislation, National Instrument 14-101 Definitions and
National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in
Multiple Jurisdictions have the same meaning if used in this order, unless
otherwise defined.
Order
¶ 6 Each of the Decision Makers is satisfied that the decision concerning the cease
trade meets the test set out in the Legislation to make this decision.
¶ 7 It is ordered under the Legislation that trading cease in respect of each security of
the Issuer.
¶ 8 Despite this order, a beneficial securityholder of the Issuer who is not, and was not
at the date of this order, an insider or control person of the Issuer, may sell
securities of the Issuer acquired before the date of this order if both of the
following apply:
1. the sale is made through a “foreign organized regulated market”, as defined in
section 1.1 of the Universal Market Integrity Rules of the Investment Industry
Regulatory Organization of Canada; and
2. the sale is made through an investment dealer registered in a jurisdiction of
Canada in accordance with applicable securities legislation.
¶ 9 January 7, 2020
AI
