ASC cease trades Poseidon Concepts Corp.
CALGARY, Feb. 14, 2013 /CNW/ - The Alberta Securities Commission (ASC)
has issued a cease trade order against Calgary-based Poseidon Concepts
Corp. The cease trade order was issued on the basis that Poseidon
Concepts' first, second and third quarter interim financial reports for
the periods ended March 31, 2012, June 30, 2012 and September 30, 2012,
were not prepared in accordance with Alberta securities laws.
The cease trade order prohibits all trading or purchasing in Poseidon
Concepts Corp. securities until the cease trade order has been revoked
or varied.
A copy of the cease trade order is available on the ASC website at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted to foster a fair and
efficient capital market in Alberta and to protect investors. As a
member of the Canadian Securities Administrators, the ASC works to
improve, coordinate and harmonize the regulation of Canada's capital
markets.
SOURCE: Alberta Securities Commission
For further information: For Media Inquiries:
Mark Dickey
Senior Communications Advisor
403.297.4481
For Investor Inquiries:
ASC Public Inquiries
Toll Free 1.877.355.4488