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Monday, March 03, 2014 12:18:02 PM
The ASC cease trade/purchase order is only in force in the Canadian province of Alberta. If residents of other Canadians cannot buy or sell that is an issue they have to take up with there broker if they live outside Alberta. The ASC has no authority to prevent the shares of AEGY to not trade in the United States. The ASC requires reporting issuers to provide audited financial statements and stocks trading on the OTCQB do not file audited financials. The company as of last Friday has not contacted or attempted to contact the Albert regulaotor about this matter. If you want to get in touch you can call him.
I asked him if the SEC because of the Albera press release could halt this and he told me that is a question you have to ask the SEC.
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