No, I am not wrong. Canada is a sovereign nation with their own laws and regulations. And AEGY and SKTO do not meet the listing requirements for any of the Canadian Exchanges. Nor will they be acceptable to any of the regulators if they try to merge with a Canadian shell.
The Canadians have a policy to not accept SEC suspended companies. If they did, almost every SEC suspended stock would just pull up stakes and move their listings to Canada. But none have, because they can't.
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