Replies to post #42948 on Mining Global Inc (MNGG)

[#1 PATRIOTS_RSOX FAN]

OUCH these 1 ticker flippers going to kill this ticker, over 600 Million on ASK.

Keep on watch for name change and RS.

[1manband]

If they do a reverse merger and get current, does that wipe the CEASE TRADING ORDER in Canada

No.

Being "current" with OTCMarkets is absolutely meaningless. OTCMarkets is not a regulator. They are a for-profit paid PR company. Nothing more.

The cease-trade order (CTO) in Canada is because the Company has not filed its required regulatory information. Which means AUDITED FINANCIALS. Since MNGG is not an SEC registrant, they don't have audited financials.

What they pay OTCMarkets to display on their website is not compliant with any laws or regulations. They are just for show (usually to facilitate pump and dumps) and will have absolutely no effect on the CTO as they will not be compliant with Canadian laws.

[Rip_Van_Winkle]

So long as the new management files current yes

[rrr1]

NO. This started with YTRV a Canadian Company not meeting Filing Requirements on SEDAR the Canadian Filing Portal. What has to happen is all filings become current with SEDAR and then MNGG must file for "Non Filer Status" so they come off the SEDAR system and no longer need to file there. Major undertaking not likely it will ever get done. Joel MNGG CEO swore up and down he would fix it and claimed to have paid fees in the 14-18K range to do this. But as we know OTC CEO's never lie.