Update on Skymark Research cease trade action We’ve had a number of inquiries over the past week regarding Calgary-based Skymark Research, Momentum Consulting and two American companies -- Tradeshow Marketing Company Ltd. based in Bellevue, Washington and Pacific Blue Energy Corp. based in Flagstaff, Arizona. We thought we would address some questions we’ve been asked since the ASC issued an interim cease trade order, a Notice of Hearing, and subsequent news release regarding these companies and the employees of Skymark Research and Momentum Consulting: - The Alberta Securities Commission (ASC) has issued a temporary cease trade order that bans all trading of Tradeshow Marketing Company and Pacific Blue Energy securities in Alberta. ASC oversees the Alberta capital market and therefore, our jurisdiction is the province of Alberta and its residents.
- Investors in these companies who reside outside of Alberta and wish to trade these securities should contact their local securities regulator to discuss the matter. Should you hold securities in Tradeshow Marketing Company or Pacific Blue Energy and live in the United States, you can contact the U.S. Securities and Exchange Commission’s toll-Free Investor Information Service at 1-800-SEC-0330 to discuss the matter further.
- This temporary ASC Cease Trade Order also prohibits Skymark Research, Momentum Consultants and their employees from trading in securities and advising others – wherever they may reside -- about securities. They are banned from providing information or materials of any kind to the public about securities.
- The ASC is holding a hearing on Thursday, September 2 to consider whether it is in the public interest to extend the interim cease trade order.
If investors are still getting information from these named employees or the companies Skymark Research and Momentum Consultants about investment opportunities, then the ASC wants to hear from these investors. You can contact the ASC at toll-free: (877) 355-4488 or email inquiries@asc.ca. Comment on this blog... | About this Blog We’ve created this blog to present you with answers to some of the more popular questions we receive from investors. We'll have different subject matter experts blogging about what they know best and we'll update it as new blogs arise. We hope you'll find it interesting and helpful. Today's Blogger Hi, I’m Tamera Van Brunt and I’ve been the ASC Director of Communication and Investor Education for three years now. My previous experience as a broadcast journalist has helped me know the importance of providing people with information that matters to them. I hope you will find our investor education resources helpful and please, share them with friends and family so they too can have the information. Here are some links I think you’ll find helpful:
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