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Bklynboy56

03/26/14 2:02 AM

#41194 RE: PeaceMaker #41193

It sure was, S1! After looking up Canadian exchanges, I'd imagine this would be the most likely one, under the general auspice and regs of the CSE (Canadian Stock Exchange):

CNQ; Canada's new stock exchange for trading the equity securities of emerging companies.

The CSE is Canada's fastest growing stock exchange, designed primarily to meet the needs of small cap companies and their investors. A CSE listing is the most cost-effective way to access capital in the public equity markets in Canada.

The CSE is a stock exchange that fosters integrity, transparency and liquidity. Companies can go public at an earlier stage, making the Canadian Securities Exchange the exchange for entrepreneurs in Canada.


Application Review

The CSE regulatory model is based on enhanced disclosure. The Listing Application and Listing Statement will be reviewed to ensure disclosure is consistent with that approach.The application review and approval process will take approximately 15 to 20 business days depending on the completeness of the materials received. The CSE requires Forms 1-3, along with the appropriate fee, to begin a review.

Policies
Simple and concise policies make it easier for companies to get listed, easier for small-cap enterprises to compete for capital.


Policy 1 - Interpretation The CSE philosophy for a fair and efficient stock exchange that fosters confidence and protects investors from unfair, improper or fraudulent practices is outlined here. Definitions of CSE terms are also provided.

Policy 2 - Qualification for Listing Listed Companies generally must have a public float of at least 500,000 freely-tradeable shares worth at least $250,000 and consisting of at least 150 public holders with at least a board lot each of the security. These and other requirements for listing on the exchange are outlined here.

Policy 3 - Halts, Suspensions and Delistings This policy outlines the circumstances under which the Exchange or Market Regulator will halt, suspend, or disqualify a Listed Issuer's securities. A halt is generally temporary to allow for the dissemination of material information. Suspensions or disqualifications are imposed because of regulatory concerns, or failure of the Issuer to pay applicable fees.

I believe what I emboldened in Policy 3, speaks to the question RRV had as to why he couldn't purchase FILM through a Canadian broker yesterday. If so, I believe, given it's only a 15-20 process, that mgmt is very close to having FILM listed there,;-)


Lou

Bklynboy56

03/26/14 2:04 AM

#41195 RE: PeaceMaker #41193

Oh yeah, this could be $1-2, real quick.:)