TMX's TSX-V vows "revitalization" at Vancouver meeting
2016-01-28 21:36 ET - Street Wire
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Was there, great summary. Too bad some of the audience quotes were not proof read...
Posted by David Larkin at 2016-01-28 21:49
BNN has fund managers and brokers who used to buy TSX-V stocks and all they talk about everyday, for four years, is stay in cash, stay in cash. If they money managers are old and stale and talking cash, whats the public going to do? Even the central banks see the cash hoarding and are introducing negative interest rates.
Quick fixes? so many inactive deals, rather than punish shareholders and delist the companies, the exchange should force management to hand off the companies to new management, continued delisting and no action in news on a company also erodes investor and shareholder confidence in overall markets.
Dinosaurs running their usual schemes do nothing with publicly listed companies, the market has become a communist leaders paradise, old dinosaurs who knew how to be constrained by socialist red tape, a market full of those and no promoters is the nightmare you are all living.
Posted by same old same old at 2016-01-29 09:57
The Venture Exchange is a joke. Over regulated, over priced and run by some of the worst senior managers I have ever encountered. They actually actively work against their listed companies if they don't personally like one of the Board or officers. F*ck them! I hope they close down and all lose their cushy jobs.
Posted by Ray at 2016-01-29 14:15
Read OIPC BC Order F15-08. https://www.oipc.bc.ca/orders/1760 and OIPC Order F14-24. https://www.oipc.bc.ca/orders/1668
These two Orders by the BC Privacy and Information Commission clearly show that BCSC staff will intentionally with hold evidence. Read it for yourself and be the judge.
Any individual can go to a casino and lose $100,000 and not sign a single piece of paper but if that same individual wants to invest $5,000 into a tsx.v company shares he/she has to sign over 50 plus pages and then the broker is still held accountable if he/she loses his/her $5,000.
When the main regulator is acting irresponsibly, with no accountability, with no objectivity and above all subjectively than the whole industry is in trouble. IMO common sense cannot be regulated. But these regulators are trying to regulate common sense but it is turning out to be job security and work creation for a whole pile of entrenched government employees.
Good luck investing.
Posted by pissed of shreholder at 2016-01-29 15:43
great reporting
Posted by don mosher at 2016-01-30 17:54
Their P.I.F thing is just a cash grab. A recent European investor in a company I know participated in a PP. the company had to pick up the costs ($2600 USD PIF) for him to participate. The exchange operates above the law of the land by discriminating against small investors in participating in a PP.
Posted by Stock Shaman at 2016-02-01 16:21
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