Abattis Bioceuticals Corp. (ATTBF)

[TradeCzar]

Let's Clean House ATTBF

1. On February 3, 2015, Deloitte LLP completed their review of the Company’s 2015 year-end financial statements and Management Discussion and Analysis (MD&A.) The auditors’ work supports management’s efforts to focus the company’s resources and assets on the activities that support the development and sale of natural health products, functional foods and beverages. In the 2015 fiscal year, these efforts included: (1) stringent efforts to reduce overhead and operating costs; (2) sale of certain assets: the flash-freeze extractor (FFE) and patent for the avian bird flu formulation, and (3) sale of certain accounts payable to EROP in exchange for common shares of Abattis (ATTBF) issued shares for debt to EROP Capital, LLC ("EROP"), order to settle some of the Company's payables.

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