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Thursday, June 28, 2018 12:47:49 PM
http://www.otcmarkets.com/financialReportViewer?id=196650
Further to our
Update dated June 26, 2018; the Company received a number of enquiries from our stockholders. We will answer the key issues below.
IMMEDIATE ACTIONS:
-
The Company is presently completing all of the outstanding Quarterly and Annual Filings in
order to restore the Company as a “Current Filer” on the OTC Markets. All of the relevant information affecting/delaying these Financial Reports has been resolved. These filings will
commence on June 28, 2018. This has not changed and these Financial Reports as completed
;
stockholders are advised to expect
to see the various Financial Reports being filed up to and
including Monday July 2, 2018.
We reasonably expect that all of the below
-mentioned Filings will be completed and fil
ed by Monday July
2, 2018.The Company will then be up to date
; as promised.
The cancellation of the shares of Common Stock is underway; the physical documentation required by the Transfer Agent will be with the Transfer Agent by Monday July 2, 2018.
The
shares being cancelled are held “on book” by the Transfer Agent so no physical Stock Certificates are required and this
is therefore a “non-issue”. Stockholders may feel free
to contact the Transfer Agent on Monday July 2, 2018 to verify the aforesaid stock cancellations. The number of
outstanding shares and the DTCC Float as
verified on the OTC Markets; is 100%
correct.
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