Business
Luxell Technologies Inc. - Cease trade order revoked
TORONTO, Dec. 27 /CNW/ - Trading of Luxell Technologies Inc. (TSX:LUX) was halted by the BC Secur...
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, Dec. 27 /CNW/ - Trading of Luxell Technologies Inc. (TSX:LUX)\nwas halted by the BC Securities Commission ("BCSC") on December 24th 2007\npursuant to BCSC having issued a Cease Trade Order ("CTO") after market close\non December 21st 2007. When Luxell inquired about the reasons for the CTO, it\nwas determined that trading should not have been halted.\n\n\nOn December 24th 2007, BCSC issued a Bulletin titled "Revocation Order"\nthat contained the following information:\n\n\n- On December 21, 2007, the Executive Director ordered under section\n 164(1) of the Act, that all trading in the securities of Luxell cease\n until it files the required record and the Executive Director revokes\n the cease trade order.\n\n- Luxell is currently under management cease trade in Ontario and\n should not have been cease traded in British Columbia.\n\n- Under section 164 of the Act, the Executive Director orders that the\n cease trade order in British Columbia is revoked, however, Luxell\n remains under management cease trade in Ontario.\n\n- December 24, 2007\n\nMichael L. Moretto, CA, CPA (Illinois)\nManager\nCorporate Finance\n\n\nThe complete Bulletin can be viewed online at:\n\n\nhttp://www.bcsc.bc.ca/comdoc.nsf/allbyunid/0fa3beff58e7ede0882573bb006e23\n56?opendocument\n\n\n%SEDAR: 00008266E\n\n\n","length":1450,"tagName":"div"}]