LETTERS

Clearing the air

March 28 1994
LETTERS

Clearing the air

March 28 1994

Clearing the air

I would like to correct several inaccuracies in your Jan. 31 special report on the Vancouver Stock Exchange (VSE) (“Cracking down in Vancouver”) and, specifically, on Current Technology Corp. (CTC). CTC has developed a treatment for alopecia areata (common baldness), not a cure as the article stated. The completion date of a private placement that raised $3.75 million for CTC was June, 1993, not October, 1993. Of greatest concern, however, is the suggestion that CTC has had trouble “keeping a listing on other markets.” In fact, CTC has been listed on NASDAQ in the United States since June, 1992, and it is a senior listed company on the VSE. I feel that CTC was unfairly included in a sensational story about the VSE, considering that five of the other seven companies mentioned are no longer listed.

Anne Kramer, Chief executive officer, Current Technology Corp., Vancouver