Replies to post #790 on Komo Plant Based Foods Inc (KOMOF)

[AgeOfReason]

It is at least filing with the Canadian regulatory agency (or agencies) and that is good enough for me since Komo is headquarted in Canada, and those documents can be accessed from SEDAR. See https://ir.komocomfortfoods.com/ , https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00047462 and https://www.sedar.com/homepage_en.htm . Since in the USA $KOMOF stock is on the OTC instead of an exchange (such as NASDAQ) I don't think it matters much at this point if is filing financial reports with the SEC at this point.

[AgeOfReason]

Perhaps the reason why you thought that KOMOF is because according to https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00047318 "Komo Plant Based Comfort Foods Inc.' is a "Non-Reporting Issuer". But "Komo Plant Based Comfort Foods Inc." is only the operating subsidiary of "Komo Plant Based Foods Inc." (and had not been a publicly traded company) and it is "Komo Plant Based Foods Inc." which has the ticker symbol of KOMOF. Furthermore, "Komo Plant Based Foods Inc." has filed financial reports with SEDAR though we don't yet have an audited quarterly (or annual) financial report under the name of "Komo Plant Based Foods Inc." since the takeover of FastTask by Komo didn't take place until June 2021.

Notice that https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00047462 does not list "Komo Plant Based Foods Inc. (formerly Fasttask Technologies Inc.)" as a "Non-Reporting Issuer".

[AgeOfReason]

On June 29, 2021 Komo Plant Based Foods Inc. (formerly Fasttask Technologies Inc.) did file a financial report for its operating subsidiary named Komo Plant Based Comfort Foods Inc. See https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00047462 . I suspect that soon Komo will file a quarterly report for Komo Plant Based Foods Inc.

Personally I don't want Komo to get bought out within the next few years. That is because my observation is that further big gains in stock profits usually ends when a company is bought out, since usually the stock of the company doing the buying out of a rapidly rising stock does not rise rapidly. At least such has been the case with all but one of the stocks of companies I once owned who were bought out by other companies. In all but one of those cases the stock of the acquiring company was a dud.