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2.1¢ cann global limited

Major opportunity Moving the Company forward, page-3

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jcurve

3,852 Posts.

1316

05/09/23

11:37

Post #: 69735021
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Originally posted by ZessinA: ↑

Must Say this was a real let down after one year of voluntary suspension in trading to get that below !!

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of
business on Monday, 21 August 2023 would have its securities suspended from Official Quotation before the
commencement of trading on Tuesday, 22 August 2023

But looks like they really want this pan out ?

As per the Company’s previous announcements, in late September 2022, the Company requested a
voluntary suspension in trading of its securities as it sought to conclude a material transaction, which
was one of several being pursued by CGB at that time. That transaction, amongst others which CGB
has since actively reviewed and sought to progress, did not satisfy regulatory hurdles, notwithstanding
its assessed commercial merit.

Subject to satisfactory completion of these milestones, we look forward to providing further
information and to moving the Company forward to what we expect to be a much more successful
period for CGB and our shareholders.

I have read so much garbage last few months ))) lets see if they really can do the above ^^^^ 11 Days to go

The Major opportunity Moving the Company forward

Looks like this ones ))) That transaction, amongst others which CGB
has since actively reviewed and sought to progress, did not satisfy regulatory hurdles, notwithstanding
its assessed commercial merit.

Looks like the above had something to do with Australian laws at moment you would think moving forward commercial merit. on this transaction

Subject to satisfactory completion of these milestones looks like this comes into the Australian laws at moment for a !!

Major opportunity Moving the Company forward

These are facts

Request for Extension of Voluntary Suspension
Pursuant to ASX Listing Rule 17.2, Cann Global Ltd (ASX: CGB, Company) requests a further extension
of the voluntary suspension of the Company’s securities, effective immediately.
Further to the Company’s request for suspension on 3 July 2023, and as noted elsewhere in this
announcement the Company is not yet in a position to make an announcement. CGB requests an
extension to the current voluntary suspension, pending release of an announcement regarding a
proposed acquisition, as referenced in the Company’s original suspension request. It is expected that
the announcement will be able to be made by Friday 15 September 2023.
The Company is not aware of any reason why the request should not be granted.

Fees Paid

These are true facts at at moment for all us shareholders

No more garbage

Zess Lets all wait for this we are in the same shit

For the continued patience as we seek to secure
the right project and transaction structure for the Company’s future. The Directors again wish to thank our Shareholders

lets see this Major opportunity Moving the Company forward

The above is the only true facts we all have like all not

Not dreams of garbage like this Mars Mines Limited etc etc etc etc etc etc etc etc etc etc etc etc so much Garbage

Expand

Here's another fact...

Given that, as you've correctly pointed out, there's no other information known by the market in relation to whatever it is they've been trying to pull off, there's no reason for them to have requested a voluntary suspension in the first place.

This should have been trading since they day they first requested the suspension to allow the market to so its thing.
Investors should have had the opportunity to buy/sell as the saw fit, based on whatever information has been available.

In my opinion, the only reason for this suspension has been to trap existing investors and prevent the probable and justified calamity that would have ensued, had they not done so.

Due diligence should have been carried out by management while the stock continued to trade.

With no other information available to the market, this has just allowed them to continue paying salaries while protecting them from scrutiny by those whose funds they're consuming.

CGB Price at posting: 2.1¢ Sentiment: None Disclosure: Held
16 Upvote

7 Great analysis

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