Else Nutrition Holdings Inc (BABYF)

[Yaafah]

Requirements are not the same as in the USA.

In a lot of ways all the CDN markets are much more highly regulated and less bs is allowed to go on....than as we see on a daily basis with the US markets. They don't allow bs companies to languish and rob investors of their money...they usually take swift action ...give the company a chance to clean things up in a timely fashion..and if that doesn't happen they are delisted...unlike what goes on in the OTC for example...

I have experienced this from a shareholder perspective a couple of times where companies are suddenly removed and delisted from trading here....it takes maybe1/4 of the time it does in the US to deal with this kind of bs.

For anyone interested in learning...here is the guide to listing here.

https://www.acc.com/sites/default/files/resources/vl/public/Article/1355471_1.pdf


a. Audited financial statements for the most recently completed financial year, signed by
two directors of the Applicant on behalf of the Board;

b. Unaudited financial statements for the most recently completed financial quarter, signed
by two directors of the Applicant on behalf of the Board; and

c. If the Applicant has recently completed or proposes to complete a transaction such as a
business acquisition or a significant disposition and such transaction would materially
affect the financial position or operating results of the Applicant, pro forma financial
statements that give effect to the transaction must be submitted.

Notice in the template for requirements..point 7...the word audited is never used with regard to the TSX.

Template/chapter 7...first column...TSX

"Three years
proven and
probable reserves
as estimated by an
independent,
qualified person"