The CTO (Cease Trade Order) was initiated by the by the regional Alberta Stock Exchange for not filing audited financials on time. To remedy for the "failure to file" the company has refiled re-audited financials prepared by their new auditing firm for the last 3-4 years. They are currently up to date with their filings as can be seen on OTCmarkets.com are still QB qualified.
At this point the CTO has not been withdrawn, but I'm thinking it can't be too far away.
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