» Tuesday, January 06, 2009  «  Login  «
   Search
Schooner Solutions Inc
 RIM gets reprieve from securities regulator, may continue trading   
Location: BlogsNews    
Posted by: ITNovaScotia Admin Tuesday, December 19, 2006

TORONTO — Research In Motion Ltd. won a delay from Ontario securities regulators Monday, allowing it to continue trading on the Toronto stock market while insiders are held to a cease-trade order as the Blackberry maker continues to work on its second-quarter financial report and stock-option records.

An Ontario Securities Commission panel told representatives of the maker of the BlackBerry wireless devices they now have until March 5 to file all revised quarterly and fiscal-year financial statements.

If that deadline is missed, Waterloo, Ont.-based RIM will be back in front of the OSC to explain itself once again.

In a letter presented at the hearing, RIM said it continues to wade through about 150,000 more documents than it originally anticipated for its financial report...

See the full story at The ChronicleHerald.ca

Permalink |  Trackback
 Search   
 Archive   
Coverra
Schooner Solutions Inc
Basecamp
Advertise on ITNOVASCOTIA.COM
Copyright © 2006 Coverra / Schooner Solutions Inc