InvestorsHub Logo

lazur

10 hours ago

#21257 RE: Crabman1 #21255

This was in today's announcement - though if SHWZ parted ways with this group prior is it because SHWZ noticed something awry, or is it that the reputation of Bolgers as an auditor was shot? Who knows. But this was noted at the end of the press release:

As a result of the delayed filing, Schwazze has sought from, and is in communication with, the Ontario Securities Commission (“OSC”) concerning the availability of a management cease trade order (“MCTO”) in respect of the missed deadline for the Quarterly Report ended March 31, 2024. If an MCTO is granted, it is expected that the general investing public will continue to be able to trade in the Company's listed common shares, however, the Company's Named Executive Officers will not be able to trade in the Company's common shares. The Company confirms it will comply with the provisions of the alternative information guidelines under National Policy 12-203 – Management Cease Trade Orders for so long as an MCTO remains in effect.