Fortem Resources Inc fka FTMR

[RandyKCMO]

The whole matter of amending the filings was explained by the company in the July 23, 2019 press release and 8-k filing.

https://www.otcmarkets.com/stock/FTMR/news/Fortem-Resources-Inc-Announces-Update-to-Management-Cease-Trade-Order?id=234215

To me the most relavent statement had been this paragraph:


"The Company confirms that as of the date of this news release that there is no insolvency proceeding against it and there is no other material information concerning the affairs of the Company that has not been generally disclosed. The Company would file, to the extent applicable, its next default status report on July 26, 2019."

The company has been harmed and slandered for what really was not their fault. Does it suck? Yes... but what can they do? Suck it up and keep trying to build their business and get things done. AND THIS IS WHAT THEY'VE BEEN DOING. SEE LAST THREE PRESS RELEASES.

From these early reports to the present, the company has been trying to give as much disclosure as possible.

My understanding is all this was precipitated by a change of accounting firms was disclosed and was not because of disagreement.

Unfortunately, this changed when it came to verifying the previous auditor's "audited" financial statements.

From what I've gathered the matter went to arbitration, but the previous company continued dragging their feet and not delivering certified financials.

As a result the company has had to get the previously listed and audited quarterly and annual reports audited again by their current firm.