Replies to post #27967 on Pharm Control Ltd. (fka PMCL)

[Rebel J1]

Hmm this is the 24th. I don't see anything halted regarding PMCL and this was supposed to be 22nd it was released or effective the 22nd? Let's see how many chicken littles "Sky is falling" there are tomm.

[sonic2007]

The other change in the new order replaces this;

IT IS ORDERED, pursuant to subsections 127(1) and 127(5) of the Act, that trading in the securities of the following companies shall cease and that any exemptions contained in Ontario securities law do not apply to them: The Bighub.Com; Advanced Growing Systems; LeaseSmart; Cambridge Resources; NutriOne; International Energy; Universal Seismic; Pocketop; Asia Telecom; and Pharm Control;

with this'

IT IS ORDERED, pursuant to subsections 127(1) and 127(5) of the Act, that trading in any securities by Select American shall cease and that any exemptions contained in Ontario securities law do not apply to them;

So, besides taking out the reference to Kron, the reference to cease trading is changed to only restrict trading by Select American.

[doogdilinger]

The problem all started with select american & whether there's any merit to this OSC statement:

"In addition, with respect to Yevgen D. Konaryev ("Kron"), it appears that Pharm Control issued press releases at the direction of Kron that contained misleading or untrue material statements with respect to the financial state of the company"

or not...Kron will have to answer to the OSC now!

GLTA