The TSX.V is totally to blame for most companies running out of money..They created way too many new rules and new accounting standards, etc where too much time and money are being spent on just meeting their new rules and standards..Its totally overkill.
Most of the money is going towards fees to the TXS.V and Securities Commissions, lawyers, accountants, engineers, etc. The paper work is so intense that most companies are just too busy with all this nightmare paperwork and have soo little time to run their companies properly.
Shame on you TSX.V. You have made Canadians lose their life savings and lawyers, accountants, regulators, and engineers have eaten up all the funds.
Its just sickening