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Thursday, 01/14/2021 7:15:37 PM

Thursday, January 14, 2021 7:15:37 PM

Post# of 45286
“Suspension of duty to file reports”...

We’ve been through this information when the 10-Q was not filed by 12/31.

Wei Tian is now CEO & CFO.
XMET has been a NV (US) Corporation.

XMET is becoming a Foreign Private Issuer.

Foreign Private Issuers are not required to file the same reports as US Corporations.

So their “duty” (obligation) to file reports (as XMET has been doing as a US Corporation) is “suspended” because it’s a different set of rules for Foreign Private Issuers.

As it’s been - that 10-Q was due & we were waiting on a filing by...

Wei Tian

The filing addresses the issue of those different “duties” (requirements obligations) as a Foreign Private Issuer are “suspended” & will be on a different schedule.

Otherwise with no filing by Wei that 10-Q would have been due due & late late late & that causes trouble trouble trouble.
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