Replies to post #9460 on Global Clean Energy Inc (GCEI)

[Zeed]

That is still correct too. Like mommykat said, even if the proper docs are submitted GCEI still needs to request the CTO to be lifted. What I hope is happening is Quebec has updated there list to show GCEI has submitted the proper docs, so they are happy on a Provincial level, but the ban is still in effect on a National level. I tried a trade but still not able to.

Zeed

[mommykat]

Hey JFB :) Just tried and it was rejected... From RBC Direct Investing: "Reason for Rejection: We were unable to process this order as trading on this security has been halted." Same old, same old.

But hopefully Zeed is right and all the paperwork has been filed, even then it will still take a few days for the CTO to be lifted.

I could try calling again but it's pretty pointless, they are not exactly forthcoming with information. Anyone who lives in Canada knows that the level of bureaucracy is astounding... they will bury you in paperwork and once you return it all, the average processing time is around 6 weeks. Hopefully the financial authorities work a little faster than our lovely government. So I'm pretty sure the hold up is not GCEI's fault. I do think it will be resolved very soon. It's frustrating, because I'd definitely be averaging down right now if I could.

TREK54 posted some good info a while back, I believe his post was correct.