(via TheNewswire)
The Financial Documents will not be filed on or before the Filing Deadline as the new Auditors require additional time to complete the audit of the Corporation’s financial statements.
Management expects to file the Financial Documents no later than
The Corporation has applied to the applicable securities regulatory authorities and received a Management Cease
Until the situation is normalized, the Corporation intends to issue bi-weekly default status reports in accordance with National Policy 12-203 – Management Cease
“(…) We are satisfied with the work done so far by the new auditors. The transition and review of all accounting and financial information since the corporation’s creation has created a significant workload that is not expected to be recurrent. (…) we are monitoring the progress of the audit and are not foreseeing any unresolved issues of significance at this point. The situation should be normalized shortly.” commented
Other than as disclosed herein, the Corporation is up to date in its filing obligations
____________________________________________________________________________________ON BEHALF OF THE BOARD OF DIRECTORS
“Frank Dumas”
President & CEO
About ZeU
ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art DLT protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU’s technology maximizes transparency, security and scalability, as well as big data management. ZeU’s strategy is to monetize DLT transactions in diverse sectors such as payment, gaming, data, and healthcare.
The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this press release.
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Copyright (c) 2022 TheNewswire - All rights reserved., source