InvestorsHub Logo
icon url

I-Glow

07/19/17 12:28 PM

#104146 RE: AlexSwiss #104065

There isn't a Canada Exchange!

There is the Toronto Stock Exchange, Alberta Exchange, Montreal exchange...

For the TSX the listing requirements are:

$5,000,0000 net tangible assets or
$5,000,000 revenue

If no revenue, two year management
plan demonstrating reasonable
likelihood of revenue within 24
months

Adequate working capital and
financial resources to carry out
stated work program or execute
business plan for 18 mo. following
listing; $200,000 unallocated funds

Management, including board of directors, should have adequate experience and technical expertise relevant to the company's business and industry as well as adequate public company experience. Companies are required to have at least two independent directors.

Public float of 1,000,000 shares;
250 Public Shareholders each holding
a Board Lot and having no Resale
Restrictions on their shares; 20% of
issued and outstanding shares in the
hands of Public Shareholders.

The Toronto Stock Exchange was a cesspool for penny stock scams.

IG