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06/21/14 7:23 AM

#126709 RE: DarthYoda #126704

no. co. would ever merge with a fraud suspended stock like this
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I-Glow

06/21/14 11:11 AM

#126719 RE: DarthYoda #126704

I called the Canadian Securities Exchange yesterday - the press release said Canadian Stock Exchange but that isn't accurate.

I asked a very specific question - could a US company that had a trading halt from the Alberta Securities Commission be listed on the CSE?

The answer was no - not until the trading halt was lifted.

The same problems would arise for a merger.

Since the ASC issued a press release stating AEGY had filed a false and misleading 8-k - I doubt they will be very helpful with lifting the trading halt. Especially since they have been working closely with the SEC.

If all of those hurdles are cleared - I would think the it would be a deal similar to what they stated about merging with SKTO.

But, CGardner would be the person to ask or Integral I think both have been involved with mergers between US and foreign companies.

Oh, the CSE has recently signed a agreement for its companies to be listed on OTCM - so that might be another issue.
IG