Q: What has happened to this company? It last traded at 9 cents , said it was going into a reorganization, but I can find no information on it or if there is any value remaining. Would appreciate your comments. Many thanks
5i Research Answer:
In April, shares were transitioned to the NEX Exchange, as they no longer met the requirements for the Venture Exchange. The symbol was changed to CSX.H. It put out a letter to shareholders in July, but remains under a cease trade order. But it has issued some press releases and filed financial statements in October. But that's all we can go on here. We would not hold out a lot of hope for value but technically the company is still in existence, at least.