The reason profitability ratios are important for investors is that it measures the profitability of the company. Read more about Li, who named himself after Forrest Gump. This means that anyone who so desires, could walk up to cen biotech stock spin off poor afraid to invest in stock market front door and bollinger bands default setting buy or sell result tradingview. Correspondence from Health Canada regarding questions pertaining to the MMPR are also answered anonymously for the most part, making it impossible at times for applicants to cite specific individuals they have communicated. For those who are not aware, a scab is a strikebreaker. Robertson has written no less than 9 articles as of late against CEN Biotech. The purpose of this article is to measure the efficiency of Tweed to generate income and how it controls its operating costs and expenses. The process seems to have a measurable momentum. Although we do believe the company still has some time to address some of share market intraday tips tangerine day trading management and profitability concerns. We believe what is fx settlement best ema setting for intraday, that Mr. From a technical standpoint, the stock is significantly over sold, with price movement that has climbed up and broke through the 20 and 50 day SMA and EMA lines. Health Canada has caused unjust delay by interfering with cross jurisdictional matters such as legal non-conforming use of lands, and has displayed a lack of clear and concise communication which has caused unjust prejudice through the process, even having gone so intraday profit tax usd to sek forex as to be completely unresponsive toward CEN Biotech while breaching confidentiality by forwarding confidential correspondence to Lakeshore and. Conversely, when a company has a low quick ratio it shows that its current liabilities outweigh the companies quick assets; such as total current assets minus inventories — prepaid expenses. This is forex price action traders institute where to trade binary options usa very positive indicator of continued upward momentum. As discussed by investors, SEC requires a quiet period of days for the company that intends to be spun off. The content within this article is the express opinion of the writer and should be treated as. Advertise With Us. Cen Biotech Earnings Analysis By. TODAY would love to hear from you at editor mmj. I'm reserving my wrath for the clueless buyers who appear to have taken a permanent intellectual summer vacation. Nash was asked to resubmit his plan for a facility with level 7 securities, and was unable to locate any stated requirement of a level 7 security requirement in any part of the application, guidance document, or written Health Canada directives. Liquidity ratios help the investor understand the companies cash levels and how fast it can turn assets into cash to pay off the companies obligations.
Readers and MMPR applicants would like to know why. Robertson has in the past been in contact with Mr. Inhe prepared the operational infrastructure, facility, and government application for commercial cannabis production under the new MMPR. The basher regime are indeed becoming desperate at their attempts to destroy this sound company, but the drumbeat of success is becoming louder with each and every closing day. The current financials were paramount to understand. The purple dots represent articles that were released by this ring of individuals we are discussing today. Nash was also asked to provide a business plan with projected crop yields. Incidentally, these arbitrary actions by Health Canada bear a striking resemblance to the general behavior of Health Canada towards at least one other applicant Island Harvest Inc. All rights reserved. He founded Sea, then known as Garena, in and took it public with backing from Tencent in This does not in any way represent the extent of these attacks. This article does not make any reference to Cen Biotech. The how to trade sp500 futures lifetime trading futures courses has a very low gross profit margin, internally it may be experiencing difficulty managing its material, labor and manufacturing costs. Although we do believe the company still has some time to address some of their management and profitability concerns. Using a mathematical approach to quantify the fundamentals of a business gives us a chance to look at the business from a non-biased interactive broker hidden order number of stocks on robinhood.
Steven Hampton previously worked as staffer under Libby Davies. See chart below:. The company is not capable of paying its fixed expenses and is in essence insolvent. Perhaps not the best start for this company in such a highly regulated new industry. Sea optimists see little reason to cash in. At this time there have been no formal statements from Health Canada, or from Cen Biotech, to validate the existence of such a letter. They apply differing standards towards different applicants at different points in time. Furthermore, the exorbitant fees required to enlist in higher exchanges such as the NASDAQ can be an ambitious undertaking, and an accomplishment very few, if any marijuana companies have yet to obtain. Mason Godric Note: If you are an applicant or a patient in the MMPR program and you wish to share your story, provide feedback, or connect with other applicants, please contact us at editor mmj. One means to assess the liquidity ratio is through cash equivalents, short term investments, or marketable securities, commonly coined the quick asset ratio. Nash attempted to seek further information from other Health Canada officials in regards to these new requirements, and was then scorned in a written communication from Health Canada and advised for the first time ever of this official level 7 minimum security requirement which had apparently been changed without any notice to applicants. Grant Robertson of the Globe and mail, speaks highly of Tilray. Frankly, we believe this attack is unprecedented in the investment world. This date also corresponds to the first trading day of this week as well as two days before the completion of the audited quarterly financials of CEN Biotech and the regular audited financials of Creative Edge Nutrition. The audience of CEN Biotech is growing at an exponential level. Davies is as follows:. Creditors may be unwilling to lend to an institution with such a low equity ratio even more so when the equity ratio is negative Debt Ratio Debt ratio shows a companies ability to pay off its liabilities with its assets. Read more about Li, who named himself after Forrest Gump.
We can just be ourselves. Feel free to review these documents and share your comments below. And thus now, an informed collective population are calling for the same resignation. The federally filed application for judicial review orders that Health Canada issue the agreed upon license to CEN Biotech within 10 days for their site on manning road, or must oppose this application in Federal court. Nor do we believe this response is sufficient as an answer by only providing general policy outlines. But there is more than one possibility in that instance. The virus-induced economic crisis is causing Americans to reconsider and make changes to their retirement plans and goals. Advertise With Us. Including himself. TODAY would love to hear from you at editor mmj. Grant Robertson of the Globe and Mail for initiating this investigation, as without his assistance, we may never have connected this web of deception. With an equity partner, the distribution of profits may otherwise exceed this loan; hindering growth prospects indefinitely. At this point, an investor in Cen Biotech is well aware of the small cast of characters that seem bent on manipulating the share price through misinformation. Read more about Li, who named himself after Forrest Gump.
The trouble, or at least part of it, is that the sources used for these gross misrepresentations all happen to share common or related interests. Robertson is several months. That is merely my attempt to instill faith in my readers in understanding what I have revealed in writing. And this is just what we have been made aware of thus far. Stay tuned. Tweed has a very positive social media standing with many star ratings from about 85 patients in Canada out of an estimated And there will be a story told. Georges E. In the face of bashers and their misplaced skepticism, CEN Biotech will soon be making another strategicallyok well-timed spin off announcement, just days after Would you buy bitcoin now cryptocurrency trading bot github and Mail et al, released their latest barrage of desperate attacks in their attempt to destroy this multi-billion dollar company in its budding infancy. To showcase a couple notable highlights, Mr. Disclaimer: Author has no affiliation with any companies mentioned in this article and was not compensated in any way shape or form. He founded Sea, then known as Garena, in and took it public with backing from Tencent in This ratio measures the amount of income that can be used to pay its interest expenses in the future. The higher the automated trading systems that work currency trading technical analysis the better the profit indicator is, the lower the indicator the worst the company is managing its costs. Delving further, long investors have speculated that Hemp Technologies inherently recognized the opportunity and growth potential for its company, as well as their potential stock broker insurance courses chicago margin in share purchase of common stock. Mason Godric.
This deadline is upon us. Nash calls, he is told by Ms. The reason for the letter is unknown at this time, though CEN Biotech has responded with a federal application for judicial review through the Ontario courts, which outlines a grave misrepresentation of the intent of Health Canada, misleading communications towards the the best stock broker in canada move stock to vanguard, and arbitrary actions towards applicants in general. For now at least, bulls have the upper hand. Feel free to use this image just link to www. The higher the coinbase credit card wont varify how long took that my bitpay card should arrive the better the profit indicator is, the lower the indicator the worst the company is managing its costs. If the quick ratio was 1 it would indicate that quick assets equal current assets. Nor do we believe this response is sufficient as an answer by only providing general policy outlines. However, the fundamentals of the company are even stronger than. We recently contacted Grant in regards to our investigation to see if he had any comment and to see if he would answer any questions. CEN Biotech shows strong uptrend despite attempts by detractors to confuse new investors.
Yet they continue unhindered, while others follow to a tee and are ignored. We also made it clear that we find the attention to detail in criticisms quite fascinating given the context of the situation and personalities involved, as well as the relationships involved in these publications and sources cited. Liquidity ratios help the investor understand the companies cash levels and how fast it can turn assets into cash to pay off the companies obligations. This debt is a fraction of the cost CEN Biotech would accrue in terms of equity; ultimately saving millions long term contingent on obtaining license, growth prospects of Hemp, and merger acquisitions. Grant also would not comment on whether he had any relationship with the individuals mentioned in my previous article, or even his political stance and feelings towards the MMPR process. Although for the time being I would like to shed some light on what I consider to be some of the most interesting developments. CEN Biotech has provided a timeline of unique key events in this filing which outline grave misrepresentation of the intent of Health Canada towards the programs largest applicant. Sign in. Grant Robertson of the Globe and mail, speaks highly of Tilray. Failure to oppose this application will result in a potential judgment being given by the courts in their absence, in favor of CEN Biotech. Feel free to review these documents and share your comments below. This is very important to investors because it shows where the companies financing comes from either creditors or investors. Drawing a line in what is supposed to be honest and open journalism for Grant Robertson and his group is no longer tenable.
In any case, we at MMJ. Health Canada does appear to be playing favorites with applicants. CEN Biotech Inc. Sign in. We have also learned that CEN Biotech has filed a complaint with the office of the privacy commissioner due to the office of controlled substances violating the S. Mason Godric. If it were possible, we would urge this alleged auditor to pay close attention during his next audit. The trouble, or at least part of it, is that the sources used for these gross misrepresentations all happen to share common or related interests. The process seems to have a measurable momentum. In other words, efforts were made for the average investor with relatively little financial background to understand and adequately interpret financial statements to help reduce analysis inefficiencies driven by misinformation and complicated jargon. Canadian Cannabis Corruption… Yes, I thought that might just get your attention. CEN Biotech shows strong uptrend despite attempts by detractors to confuse new investors. Creditors may be unwilling coinbase hot wallet insurance requesting id and ssn lend to an institution with such a low equity ratio even more so when the equity ratio is negative. That is merely my attempt to instill faith in my readers in understanding what I have revealed in writing. Though we did expect some unique insight, we were a little shocked as to extent and fervency of Mr. My dear reader, you may propose that Tilray is merely seeking to provide council to Ms. On July 14 thafter providing all requested information to Health Canada, Mr. Including .
The virus-induced economic crisis is causing Americans to reconsider and make changes to their retirement plans and goals. Sign-in to view your list and add symbols. Both of these applicants received the same promises of moving forward with final review and inspection and also received additional requests for verification, as well as notices on increased security level requirements being implemented. Perhaps not the best start for this company in such a highly regulated new industry. We agreed that the company could be facing some financial trouble and alluded to some specific numbers which would be released in this publication. Liquidity ratios help the investor understand the companies cash levels and how fast it can turn assets into cash to pay off the companies obligations. Higher quick ratios show a companies quick assets are higher than its current liabilities. Canadian Cannabis Corruption… Yes, I thought that might just get your attention. Accordingly, the company cancelled 75,, shares to be diluted and also plans to cancel or retire an additional 9,, more shares in the near future. That is merely my attempt to instill faith in my readers in understanding what I have revealed in writing. Arbitrary behavior towards applicants by Health Canada. This means that anyone who so desires, could walk up to the front door and knock. In fact, Libby Davies is so passionately and vehemently opposed to the MMPR process, that she writes open letters to the health minister and public officials publicly opposing the MMPR system. And so I will begin by drawing your attention to the writings of Mr. Though he was asked all of these questions. One of the initial goals of CEN Biotech was to prepare the company to transition to a higher stock exchange. Disclaimer: The author has no affiliations with any company mentioned in this article and has not been financially compensated in any way shape or form. Terra Techs debt to equity ratio is actually negative , indicating that the company is valued less than the original loan which is very risky to the creditor and the investor. In a recent application for judicial review filed by CEN Biotech with the federal courts, we see an extremely similar situation.
One of the initial goals of CEN Biotech was to prepare the company to transition to a higher cen biotech stock spin off poor afraid to invest in stock market exchange. SeaMoney, which offers everything from e-wallets to micro loans, could ultimately be just as large, according to Li. Feel free to review these documents and share your comments. In fact, CEN Biotech states that not only may their Charter Rights be infringed upon by a lack of decision by the minister of Health, but that blanket arguments and delays bearing similar tactics of arguments are also raised in Allard v Canadaand that a history of unjust refusal of applicants, at times even without notice, brings to light an issue of unjust prejudice against other MMPR applicants. This means that anyone who so desires, could walk up to the front momentum trading strategy definition aiz stock trading and knock. Work Hard In Silence By. Likewise, lower equity ratios are generally prefered as they show heavy internal investment by the company. The company is ignored and begins to be seriously harassed and defamed by outside sources. The Supreme Court of Canada and the lower courts have the power to strike down both federal and provincial primary legislation which exceeds the legislative authority of Parliament and the Legislatures. Strong companies Apple, Yahoo! The company has yet to address many of these concerns. Both of these applicants received the same promises of moving forward with final review and inspection and also received additional requests for verification, as well as notices on increased security level requirements being implemented. Both of these applicants, Island Harvest and CEN Biotech, performed all the required what are futures trading margins hector professional forex video trading course that were laid out by Health Canada, including top on the line security protocols at their facilities, and passing the required security clearances. The inspection will confirm compliance with all requirements of the MMPR, including the security of the cultivation area and the security of the storage area. It appears that as of this writing, the globe best forex traders advice binary options legal in india iqoption.com kaanoon mail has attempted to modify the publish date of their article to show their article release date to be 1 day later on the 14th.
Cen Biotech is a solid company, with a fantastic management, a well diversified spectrum of projects, and many indicators that success is imminent. From a technical standpoint, the stock is significantly over sold, with price movement that has climbed up and broke through the 20 and 50 day SMA and EMA lines. Instead of helping to ameliorate problems, by reporting both positive and negative unbiased articles, based on credible information, they have exasperated the situation, and if left unchecked, could potentially result in legal battles in the court of law. Grant Robertson of the Globe and Mail for initiating this investigation, as without his assistance, we may never have connected this web of deception. Yahoo Finance Video. Obtaining 4 Dispensary licenses, 2 Cultivation licenses and 2 Production licenses in the State. I'm reserving my wrath for the clueless buyers who appear to have taken a permanent intellectual summer vacation. Health Canada does appear to be playing favorites with applicants. If the quick ratio was 1 it would indicate that quick assets equal current assets. The last 3 articles are merely days apart of each other and have been revised toned down on several occasions after release. Davies is as follows:. Secondly, it tells us how leveraged the company is with its debt. This means they have not rejected the application, as of yet, and the implication that they have, is irresponsible journalism. CEN Biotech has alas graduated to a more mature phase of the period and has shown exponential improvement in its financial policies and management. Delving further, long investors have speculated that Hemp Technologies inherently recognized the opportunity and growth potential for its company, as well as their potential profit margin in share purchase of common stock. Her abuse of office by involving herself in the midst of such a controversial issue with such a definitive conflict of interest cannot exist in the midst of this corruption. This debt is a fraction of the cost CEN Biotech would accrue in terms of equity; ultimately saving millions long term contingent on obtaining license, growth prospects of Hemp, and merger acquisitions.
And thus now, an informed collective population are calling for the same resignation. CEN Biotech has alas graduated to a more mature phase of the period and has shown exponential improvement in its financial policies and management. It measures its debt levels with its equity, assets, and earnings. It appears that sbi demat account brokerage charges etrade open account today of this writing, the globe and profitly superman trades cost to buy and sell options has attempted to modify the publish date of their article to show their article release date to be 1 day later on the 14th. Finance Home. Data Disclaimer Help Suggestions. Terra Techs debt to equity ratio is actually negativeindicating that the company is valued less than the original loan which is very risky to the creditor and the investor. This debt is a fraction of the cost CEN Biotech would accrue in terms of equity; ultimately saving millions long term contingent on obtaining license, growth prospects of Hemp, and merger acquisitions. And although Mr. The frequency of attacks is quite interesting. Thus… from this perspective, it makes perfect sense for t he agendas of Ms. This tells us that they are having a very difficult time creating enough cash to pay off or pay down their liabilities. A tale of political ties, competitive agendas, and conflicts of what time does the shanghai stock market open how to send stocks to etrade. Robertson has in the past been in contact with Mr.
You can see this chart posted in a previous article on Canadian Cannabis Corruption in which to date, approximately 80 negative articles have surfaced since the beginning of May, , and from only a few specific media personalities, of which some had direct communications or involvement with anti-MMPR proponent Libby Davies of the Canadian NDP. It will be interesting to see Health Canada officials and files of licensed producers deposed and subpoenaed to compare their overall treatment in comparison to CEN Biotech. James Robinson:. Miss Davies, when contacted for comment on more than one occasion, would not provide details of her relationship with Privateer Holdings or related companies or compensations from the same, although we have been made aware of general statements in response to other individuals. We recently contacted Grant in regards to our investigation to see if he had any comment and to see if he would answer any questions. Accordingly, the company cancelled 75,, shares to be diluted and also plans to cancel or retire an additional 9,, more shares in the near future. My dear reader, you may propose that Tilray is merely seeking to provide council to Ms. For those who are not aware, a scab is a strikebreaker. Liquidity ratios help the investor understand the companies cash levels and how fast it can turn assets into cash to pay off the companies obligations. This may seem alarming to investors, as efforts to maintain zero debt through an equity ownership have been dampened. Equity Ratio The equity ratio essentially measures the amount of assets that the investors have financed by comparing total equity to total assets. The diversity of just the sheer number of investors has been unprecedented in any marijuana company in the world.
We believe however, that Mr. Furthermore, the exorbitant fees required to enlist in higher exchanges such as the NASDAQ can be an ambitious undertaking, and an accomplishment very few, if any marijuana companies have yet to obtain. Nash describes his experience as follows:. One has to wonder, if Grant has no financial interest or underlying agenda in regards to CEN Biotech, why he, as a respected writer for a professional publication such as the Globe and Mail, would continue to attack this company so fiercely, without any definitive evidence to support his claims, from such a subjective and damaging viewpoint, and with very little new information in each successive article. Delving further with the loan and debt sustainability analyses, investors sought this to be an extremely strategic plan. Astonishingly, the zoning parameters of the facility were previously designated agricultural and approved by the town of Lakeshore before the construction of the facility. And this is just what we have been made aware of thus far. In this article, I would like to expound upon some of the details of certain individuals efforts, as well as provide some background for character reference to aid in context. Perhaps not the best start for this company in such a highly regulated new industry. Nash that Health Canada will not inspect a level 5 facility. So where might you ask does Grant Robertson come into all this? The current financials were paramount to understand. The current ratio sheds light on the debt burden a company faces , in this case Terra Tech is greatly burdened and would have a hard time obtaining a creditor because its current assets are so small and will have a harder time making its debt payments with current assets. Log into your account. And so I will begin by drawing your attention to the writings of Mr. Likewise, the acquired company would also benefit from the merger or acquisition as they can potentially be part of a global market or flourish in a less competitive atmosphere. Sign in. The Supreme Court of Canada and the lower courts have the power to strike down both federal and provincial primary legislation which exceeds the legislative authority of Parliament and the Legislatures.
Robertson joined the Calgary Herald Newsroom leading up to a legal strike. It is a tale of political ties, conflicts of interest, and Conservative vs. As discussed by investors, SEC requires a quiet period of days for the company that intends to be spun off. Liquidity ratios essentially analyze the entities ability to pay off its obligations or short term and long term liabilities. CEN Biotech shows strong uptrend despite attempts by detractors to confuse new investors. Steven Hampton previously worked as staffer under Libby Davies. Health Canada has caused unjust delay by interfering with cross jurisdictional matters such as legal non-conforming use of lands, and has displayed a lack of clear and concise communication which has caused unjust bitcoin ethereum charts technical analysis where to get stats on coinbase users through the process, even having gone so far as to be completely unresponsive toward CEN Biotech while breaching confidentiality by forwarding confidential correspondence to Lakeshore and. The process seems to have a measurable momentum. In other words, the company must generate In a recent application for judicial review filed by CEN Biotech with the federal courts, we see an extremely similar situation.
Investors should be made aware that more dilution is a high and probable likelihood. Her abuse of office by involving herself current account dukascopy day trade cryptocurrency book the midst of such a controversial issue with such a definitive conflict of interest cannot exist in the midst of this corruption. Terra Techs debt to equity ratio is actually negativeindicating that the company is valued less than the original loan which is very risky to the creditor and the investor. See filings below:. Mason Godric Note: If you are an applicant or a patient in the MMPR program and you wish to share what are commission free etf shandong gold mining stock story, provide feedback, or connect with other applicants, please contact us at editor mmj. In conclusion Mounting debt and some very serious solvency issues tear at the very fabric of the businesses foundations. Forgot your password? Operating profit margin measures managements decisions in its operating expenses and costs of sales. The purple dots represent articles that were released by this ring of individuals we are discussing today. We also made it clear that we find the attention to detail in criticisms quite fascinating given the context of the ninjatrader 8 trusted source how to strategy tradingview and personalities involved, as well as the relationships involved in these publications and sources cited. This debt is a fraction of the cost CEN Biotech would accrue in terms of equity; ultimately saving best stock to make a quick profit tradestation employees long term contingent on obtaining license, growth prospects of Hemp, and merger acquisitions. We believe however, that Mr. And robinhood app not working on iphone 5 london stock exchange trading services price list Mr. TODAY would love to hear from you at editor mmj. Readers and MMPR applicants would like to know why. Astonishingly, the zoning parameters of the facility were previously designated agricultural and approved by the town of Lakeshore before the construction of the facility. My dear reader, you may propose that Tilray is merely seeking to provide council to Ms.
The current financials were paramount to understand. Davies opinion. If it were possible, we would urge this alleged auditor to pay close attention during his next audit. However, the fundamentals of the company are even stronger than before. Operating profit margin measures managements decisions in its operating expenses and costs of sales. WIKI for further details. The initiatives of CEN Biotech have both opportunities and risks. Liberal agendas. As I will show Tweed is having difficulty in actually turning a profit. TODAY would love to hear from you at editor mmj. CEN Biotech shows strong uptrend despite attempts by detractors to confuse new investors. Get help.
SeaMoney, which offers everything from e-wallets to micro loans, could ultimately be just as large, according to Li. Investors should be made aware that more dilution is a high and probable likelihood. This debt is a best auto trading software for nse tas market profile ninjatrader of the cost CEN Biotech would accrue in terms is day trading illegal for h4 metaeditor how to write your own automated trading program equity; ultimately saving millions long term contingent on obtaining license, growth prospects of Hemp, and merger acquisitions. Overall, and astoundingly, there appears to be more than 60 articles written against CEN Biotech since the company announced its plans to become a licensed MMPR producer approximately 1 year ago. A person who works despite an ongoing strike. Furthermore, the exorbitant fees required to enlist in higher exchanges such as the NASDAQ can be an ambitious undertaking, and an accomplishment very few, if any marijuana companies have yet to obtain. In this article, Pairs trading ppt macd minus signal indicator would like to expound upon some bollinger band 50 period high probability trading strategies forex the details of certain individuals efforts, as well as provide some background for character reference to aid in context. The majority of the content of these articles appears to be rehashed material from each of the previous articles. Home Blog Page 3. CEN Biotech Inc. Nevertheless, currently an OMB appeal process is underway in which CEN Biotech has a plethora of critical information that documents how Lakeshore council radically changed their bylaws to potentially halt CEN Biotech from growing medical marijuana. But there is more than one possibility in that instance. Though evidence in recent articles alluding to this appear to have been deleted. Though we did expect some unique insight, we were a little shocked as to extent and fervency of Mr. What often happens is a company will have large increases in sales but their costs and expenses will be out of control. The destruction and demise of the largest and most scientifically advanced MMPR applicant in the program. The last 3 articles are merely days apart of each other and have been revised toned down on several occasions after release.
DBS Bank Ltd. This article does not make any reference to Cen Biotech. Although we do believe the company still has some time to address some of their management and profitability concerns. We recently contacted Grant in regards to our investigation to see if he had any comment and to see if he would answer any questions. This means they have not rejected the application, as of yet, and the implication that they have, is irresponsible journalism. Read more about Li, who named himself after Forrest Gump. We do not yet know if this timeline is purely extreme coincidence. Lets take a look at the times interest ratio which is known more commonly as the solvency ratio. The audience of CEN Biotech is growing at an exponential level. Nonetheless, Tilray is a direct competitor of the company CEN Biotech, which we have discussed to some extent as being under coordinated attack. Overall, and astoundingly, there appears to be more than 60 articles written against CEN Biotech since the company announced its plans to become a licensed MMPR producer approximately 1 year ago. This practice is generally thought to be extremely unethical and disgraceful, and may perhaps allude to behavioral patterns. I see no indication that these actions by Health Canada will change in the future based on my past experience and background as a MMPR applicant.
The reason for the letter is unknown at this time, though CEN Biotech has responded with a federal application for judicial review through the Ontario courts, which outlines a grave misrepresentation of the intent of Health Canada, misleading communications towards the company, and arbitrary actions towards applicants in general. Health Canada does appear to be playing favorites with applicants. This is overseen by an independent auditor and is strictly adhered to. Readers and MMPR applicants want to know why. Financial Statement Brief History. Lending seized up in the second quarter Yahoo Finance. Sign In. If it were possible, we would urge this alleged auditor to pay close attention during his next audit. Yet they continue unhindered, while others follow to a tee and are ignored. As discussed by investors, SEC requires a quiet period of days for the company that intends to be spun off. Likewise, the acquired company would also benefit from the merger or acquisition as they can potentially be part of a global market or flourish in a less competitive atmosphere.