CBM Asia Applies for Management Cease Trade Order

- April 17th, 2014

CBM Asia Development Corp. (TSXV:TCF) applied for a management cease trade order to the British Columbia Securities Commission due to a delay in obtaining financial information and lack of funding.

CBM Asia Development Corp. (TSXV:TCF) applied for a management cease trade order to the British Columbia Securities Commission due to a delay in obtaining financial information and lack of funding.

As quoted in the press release:

As a result of a delay in obtaining financial information from the Company’s subsidiary in Indonesia and a lack of funding, the Company will not be able to meet the filing deadline of April 30th, 2014 for its audited financial statements for the year ended December 31, 2013, as well as the related Management’s Discussion & Analysis.

Click here to read the CBM Asia Development Corp. (TSXV:TCF) press release

See this press release on Marketwire

Leave a Reply

Your email address will not be published. Required fields are marked *