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Message: Day 2, Linda Hohol of the TSX Answers Audience Questions Linda Hohol, President of the TSX Venture Exchange gave the keynote speech this morning. In this clip she answers questions from the audience. Please note that the quality is low - this was shot on a cell phone then transferred via Bluetooth to the net. Here are some highlights from Hohol's talk: What does the TSX Venture Exchange offer to the venture market? Their CPC program is a unique investment vehicle that is becoming more popular. CPC allows the financing group to invest money AND operational experience in a company. This allows new ways to get early stage investment into the market. 35% of graduates to the TVX have come through the program. Limit on the pool is $2 Million. See Kangaroo Technologies as an example. Founded in 2001. TSX VG is unique - they are accessing the "nanocap space." Their regulatory standards are lighter than the TSX or even AIM's. See web site TSX.com for listing requirements. The TSX Venture Group is attracting strong institutional interest. What was Hohol's key message? Canada needs to produce more entrepreneurs because the more churn there is in the market the more experience the entrepreneurship community will obtain. The result will be a stronger technology base for the country. www.gagglescape.com
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