we were supposed to list with the auditors looking at accounts without Q4 results. What'll be next, CIC decides they want Q1 included 'to raise the SP' even more ? I don't really buy this line of getting this done to make the SP higher on listing as quarterly/FY results move the SP anyway...
ohh right so once again treated us like mugs, waiting to hear if TSX listing has been approved in Sept but just casually drops into a email to one person on here when they ask that it'll be Q2 2021 before listing as he wants to book the revenue/profits from this and next Qtr to make the SP look good when listing. No official announcement that no point expecting TSX news ! and sorry sounds a bullsheeeeiiiitt reason to me, the SP will be bolstered/increase as each of the Qtr revenue is announced so no need to delay listing for that. Other companies don't do it that way. I now think he's a crook myself...its all bull**** and cant even be bothered to let people here know officially...scumbag
Opens more questions than answers 1\What's happening to TSX listing which was expected to be done and and dusted by September (6 month windows expiry) 2\ "wish to conduct financials Q4 2020 and Q1 2021" so? what does this mean, that they're not going to list till after this ? 3\ What exchange has CIC listed on and who are the clients 4\'which' instead of 'touch' I presume? 4\WeChat ? pictures do not butter ones parsnips...
well that was to a different exchange and in the past now, but point well made regardless. We were expecting to hear the all clear from Regulators for the TSX back in September of this year and nothing so far
24 Dec 2019: We withdrew our original prospectus (due to the increased corporate activity) and refiled a new prospectus. This is now available on SEDAR (Canadian Portal). This is now a very advanced prospectus as had a few readings from regulators and adjustments. The updated prospectus was required as CIC was elevated to Their 2 Investment by TSX. Kindest Regards Stuart J. Bromley
We refiled a new prospectus CIC Capital Ltd on 23 Dec 2019 with the increased revenue (fundamental change). So we have three months to get it approved or new application.
The reading, reply and response is advanced. Once approved we need to go through the TSX review so a way to go yet. Basically you follow regulator and exchange time lines, all you can do is respond.
If successful CIC Capital will the the first advisory firm on the TSX.
Also on the 3 January 2020, CIC received approval and business license for Luxembourg Securitisation. Extremely difficult to obtain and we are the only smallish company to be granted securitisation approval. This is where a lot of deal flow and revenues will be driven from.