Paul Pathak, Chair of the Board, commented, “The transactions with Cryptologic and ICC represent the culmination of our strategic review and our careful consideration of a range of factors, opportunities and risks, including the Company’s recent operating performance and that of the industry as a whole and the views expressed by significant shareholders and other stakeholders of the Company. Wayland Group Confirms Delay in Second Quarter Filings. To get near that share price quoted you’d need to go back to January, shortly before the ass fell out of this stock. Wayland can offer no assurance that the conditions to drawing further amounts under the amended DIP … A cease trade order has been issued by the Ontario Securities Commission and the British Columbia Securities Commission. 3m. 237.26 M Shares. On three occasions that year the OTC Markets Group… I believe WAYL owns 50%~ ? The Company was founded in 2013 and is based in Burlington, Ontario, Canada and Munich, … Effective immediately, Wayland Group will be suspended pursuant to CSE Policy 3. Wayland Group Corp. (CSE:WAYL) (“Wayland” or the “Company”) today announced the closing of its previously announced transaction with Ring International Holding AG (“Ring”) pursuant to which Wayland sold all of the issued and outstanding shares of Wayland’s subsidiary, Maricann Inc. and certain other assets to an affiliate of Ring for a purchase price of up to CAD $12,400,000 (the “Transaction”). Once IR has been informed, an update will … Management continues to work on finalizing those documents and have the halt lifted. By continuing to use our service, you agree to our use of cookies. 11/01/2019 … It’s been a rough week for former Wayland Group (CSE: WAYL) CEO Ben Ward, who has seen both a class action filed against him as well as a Notice of Hearing which was filed Friday. Long halted at $0.74 in Canada, though still trading on the US OTC at C$0.26, Wayland announced late Friday night, when most people were either asleep or into their fourth negroni of the … Berlin-based Demecan is a joint venture partner of Wayland Group in Germany, according to Graham Farrell, vice president of communications for Wayland Group… Market depth is not enabled for CSE. HALTED . N/A ATS vol. Do you report such things to the authorities? Management continues to work on finalizing those documents and have the halt lifted. The auditing process restarted last Friday and will take some time. First: I FUCKING TOLD YOU SO. Maricann is a portfolio company of Ring International Holding AG (RIH), a multi-award winning, family-owned industrial group founded in 2001. To that [formatting edited by us for clarity]: The proposed transaction with Cryptologic remains subject to a number of conditions, including, without limitation: That’s a whole load of things that have to happen in order for this to move ahead, and that’s before we even get to the fact that the CRY share price is around half of what the assumed valuation in this deal is. Chris Parry is a two-time Webster Award winning journalist who has been featured in the pages of The Vancouver Sun, The Province, National Post, Spin, Hollywood Reporter, FHM, Stuff, and Stockhouse. RIH's headquarters are situated in Vienna, Austria from where it operates subsidiaries in Europe, Asia and North America. 1m. We pointed out exactly what Ben Ward is, what he does, and why you should care. Toronto, Ontario--(Newsfile Corp. - le 9 octobre/October 2020) - The common shares and share purchase warrants of Wayland Group Corp. will be delisted … Company Name: Wayland Group, Stock Symbol: MRRCF, Industry: Cannabis, Total Posts: 641, Last Post: 8/20/2020 3:41:18 PM Wayland Group Proposes a 3-1 Stock Split In Upcoming AGM Meeting. Real-time discussion about Wayland Group Corp. (WAYL-WT.CN) on CEO.CA, an investment chat community for Canada's small cap markets wayland group provides clarification on icc transaction Wayland Group Corp. and ICC International Cannabis Corp. continue to work toward closing the previously announced acquisition by ICC of a 49.9-per-cent interest in Wayland's international assets; however, the transaction has not yet closed. This transaction values Wayland’s Canadian business at approximately Cdn$230 million plus assumed liabilities. The Bitcoin Bubble: Is Tether too big to fail? Wayland (WAYL) stock price, charts, trades & the US's most popular discussion forums. Jay Lutz. Wayland also announced that it is negotiating a potential evolution in its previously announced transaction with ICC International Cannabis Corp. involving the transfer of Wayland’s remaining interest in its international portfolio of assets to ICC in exchange for additional common shares of ICC. A previous effort had to be halted. Stockhouse.com use cookies on this site. N/A Shorts. Find the latest news headlines from Wayland Group Corp (MRRCF) at Nasdaq.com. Okay, a few things here. To catch all of our members up on what is happening, Wayland is selling its Canadian assets to Cryptologic in exchange for shares – the Wayland holders will have 70% of the new Cryptologic. Its stock … Once IR has been informed, an update will … Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's giving away his top pick for free right here. VANCOUVER, April 4, 2019 /CNW/ - The following issues have been halted by IIROC:. 156k members in the weedstocks community. It hasn’t hit $4 since June, and even then only for a hot minute. delayed Enable Real … Currently, Crypotologic has 13m shares out, for a $31m market cap. N/A Total volume. However, MNP has advised the Company that it is of the view that there is an unresolved issue (as defined in NI 51-102) relating to the conduct of the Company’s former CEO in respect of the audit of the Company’s 2018 annual financial statements and that, despite the Company’s cooperation in respect of the matter, MNP was unable to form an opinion as to whether that conduct could have a material impact on those financial statements before the date of the Resignation. Wayland group is holding an annual general meeting … GlobeNewswire August 31, 2019. Get CEO.CA Pro to gain access. Like, for real: They’re selling off their core assets for whatever paper they can get. 3m. 0 CSE vol. I wonder if this has anything to do with German news regarding Demecan that has been circulating? Canadian licensed cannabis producer The Wayland Group (WAYL.C), formerly Maricann, currently halted for not being able to get their financials through three different audit teams, has succumbed. Pause Threshold Price If a security is subject to a Trading Pause, the Pause Threshold Price field will contain the reference threshold price that deviates 10% … IIROC Trading Halt - WAYL Canada NewsWire VANCOUVER, May 7, 2019 VANCOUVER, May 7, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Wayland Group Corp. … Stockhouse.com use cookies on this site. Since joining the Company, Matthew has taken on positions of increasing responsibility that reflect his key role in helping Wayland navigate a difficult period in its development, and he has been instrumental in leading the development and negotiation of these transformative transactions for our Company. 1d. Wayland Group Notified of Proposed Securities Class Action Proceedings. In 2018, Wayland paid investor-relations firms more than $4.5-million, half in cash, half in shares, to promote its stock. Because BEN WARD WAS DOING THINGS THE AUDITORS COULD NOT SIGN OFF ON. RIH is one of Austria's most dynamic industrial groups focusing on actively developing companies in strategically … Company profile page for Wayland Group Corp including stock price, company news, press releases, executives, board members, and contact information However, we haven't had a chance to cover this stock since our … Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. A cease trade order has been issued by the Ontario Securities Commission and the British Columbia Securities Commission. N/A Shorts. As you may know, the Company undertook a massive international expansion campaign in the previous year. 1d. HALTED . [contextly_sidebar id=”pBS2QiCBQbxtYj8Wg7UJIKo2Nc6AKceP”]Crypotlogic has a $31m market cap and trades at $2.30 per share. Trading of Wayland’s stock was halted on the Canadian Securities Exchange pending the news. Wayland’s stock has temporarily stopped trading due to the delayed filings of its 2018 financials. How to Invest in Cryptocurrency Without Leaving Your Stock Account; Updated January 14, 2021 . Wayland Group Corp. is in default of CSE requirements. That didn’t stop WAYL from completing the deal because, as we’ve made clear, they broke. The … We want to take this opportunity to thank all of our shareholders and stakeholders for their patience throughout this process, we are very happy with the strategy we have going forward and believe it will provide the maximum value available for all involved. 3m. © 2021 Verizon Media. 1w. Virtual Pitch Deck: Your … SEDI Insider filings House positions Community Wiki Website. Trading Halt: A trading halt is a temporary suspension in the trading of a particular security on one or more exchanges, usually in anticipation of a … Market Depth Chart Tables 15 min. Find the latest WAYLAND GROUP CORP (MRRCF) stock quote, history, news and other vital information to help you with your stock trading and investing. 0 CSE vol. FULL DISCLOSURE: No commercial interest in any of the companies mentioned, however, Ward accused us of extortion previously and never properly apologized, so we have a serious hate on for the company as a result. N/A ATS vol. All rights reserved. A stock halt, often referred to as a trading halt, is a temporary halt in the trading of a security. Also, as much as WAYL is ‘negotiating’ with ICC to take everything else off their hands, there’s no assurance ICC will do such a deal. 1y. 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