InvestorsHub Logo
Followers 16
Posts 1637
Boards Moderated 0
Alias Born 07/30/2020

Re: ranger_7 post# 852

Saturday, 11/06/2021 4:58:29 PM

Saturday, November 06, 2021 4:58:29 PM

Post# of 1583
What you said makes sense and Komo admitted in a press release about the uplisting that one of the requirements is to "... be current in their disclosure". [See https://ir.komocomfortfoods.com/news-events/press-releases/detail/55/komo-plant-based-foods-uplisted-to-otcqb-venture-market .] In that press release Komo also said the following.

'The OTCQB is OTC Markets Group's premier market for early stage, investor-focused U.S. and international companies. ... "Listing on the OTCQB Venture is another important milestone and part of our long-term strategy to introduce Komo's compelling story to the U.S. audience," says Komo CEO William White. "The OTCQB listing expands our reach into the institutional and retail investment community within the United States, which promotes enhancing both visibility and liquidity with the access to both U.S. institutional and retail investors as we look to grow our global shareholder base."'

I thus wonder why they haven't yet filed a quarterly report for the quarter ended June 30, 2021. Maybe it is because the reverse merger takeover by Komo of Fasttask Technologies Inc. became finalized in June 2021 (see https://ir.komocomfortfoods.com/news-events/press-releases/detail/41/komo-plant-based-foods-inc-announces-trading-to-begin-june) and that preparing the financial reports for the new merged company is complex and is thus taking time. Part of the problem might be that apparently prior to the merger Komo's quarterly periods ended in different months than that of Fasttask, such as April 30, 2021 for Komo versus March 31, 2021 for Fasttask.

In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.