On January 2, 2025, the Canadian Investment Regulatory Organization (CIRO) halted trading of TWOH stock due to pending news. CIRO is a self-regulatory organization that oversees trading activity and investment dealers in Canada
TWOH announced significant leadership changes, including the resignation of the CEO and CFO. Emil Assentato was appointed to multiple key roles, including the issuance of 3 billion shares of common stock.
Here is a company that was halted recently with the reason highlighted being "Improper dissemination of news", trading was resumed shortly after. So if you say that TWOH did not follow the rules for disseminating press releases, why was this not stated as the reason for the halt?
TWOH settled a $400,000 debt by issuing 8,000,000 common shares at $0.05 per share. The transaction was subject to final acceptance by the Canadian Securities Exchange.