Business
Revocation of BCSC Cease Trade Order
Revocation of BCSC Cease Trade Order.
About this update from Dewmar Intl Bmc Inc
[{"type":"text","content":"2011 BCSECCOM 125Revocation OrderConvenientcast Inc.Section 171 of the Securities Act, R.S.B.C. 1996, c. 418¶ 1 On May 14, 2010, the Executive Director made an order (the Cease Trade Order) under section 164(1) of the Securities Act, R.S.B.C. 1996, c. 418 (the Act) that all trading in the securities of Convenientcast Inc. (Convenientcast) cease until it files the required records and the Executive Director revokes the Cease Trade Order.¶ 2 The Cease Trade Order was issued on the basis that Convenientcast was an OTC reporting issuer under BC Instrument 51-509 Issuers Quoted in the U.S. Over-the-Counter Markets (BCI 51-509) because it was directed or administered in or from British Columbia.¶ 3 Convenientcast was not directed or administered in or from British Columbia, was not an OTC reporting issuer under BCI 51-509, and was not required to file the required records.¶ 4 The Executive Director considers that it would not be prejudicial to the public interest to revoke the Cease Trade Order.¶ 5 The Executive Director orders under section 171 of the Act that the Cease Trade Order is revoked and that trading in the securities of Convenientcast may resume.¶ 6 March 21, 2011John PorgesManager, ComplianceCorporate Finance","length":4127,"tagName":"div"}]