Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As far as I can see ISDX Rules are perfectly clear. Perhaps as a mere pleb I just don't understand, but my reading of the rules is that companies listed on the ISDX Growth Market will be booted off after a maximum of six months' suspension. China Sports was suspended on 9 July 2015 yet here we are six months and five days on and there has still been no execution. Why? Meanwhile we have a new board and all of a sudden proposals to raise new money....and Beaumont Cornish has been announced to have resigned as Corporate Adviser (the ISDX equivalent of a Nomad).
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Comments
bob brush
That is just an absolute disgrace. it seems that this company is breaking almost all of the rules, yet ISDX grants them an exception? how extraordinarily stupid, they are making a total joke of their own market and for what? to keep this obvious fraud going. its not a company its a totally bald faced way of removing money from British investors and giving it to city boys and Chinese fraudsters. in fact, its so disgracefull that the king of the dodgy city boys has jumped before he was pushed! unbelievable.