Trade in Mirror Trading Cards has been halted for over a week, with all trading of the product suspended on Friday.
The Mirror Trading Company, which makes the card, said in a statement that the suspension was due to “further deterioration in the conditions of the Mirror Card Market” and due to the need to implement a “significant overhaul”.
The company said the Mirror Cards trading halt “caused an immediate and significant loss of revenue to the company, with the company unable to pay any of its bills and the card stopped from being sold in Ireland”.
In a statement on its website, Mirror Trading said that the company was “reviewing the circumstances surrounding the suspension of Mirror Trading in Ireland” and that it “will continue to provide a full and honest product to our customers”.
It said that “due to the circumstances, the Mirror trading card has been temporarily suspended pending further investigation”.
The Mirror trading company said that it was “shocked and saddened” by the suspension and that Mirror Trading had “no choice but to suspend the Mirror card from sale”.
In the statement, Mirror said that its board of directors had decided that “the company needs to consider its position as a publicly listed company and, in the circumstances that it has found itself, has decided to suspend Mirror Trading from selling its card for the time being.”
“We will make a decision on whether or not to continue to sell our card in the future, but we would like to stress that this is not an official announcement.
Mirror Trading will continue to deliver a high-quality product to its customers,” the company said.
The company also said that Mirror trading in Ireland is a “safe and secure trading activity”.
“As a result of the suspension, Mirror trading has been suspended, but all other transactions will be fully available to all customers,” it said.