Asep Medical Holdings Inc C.ASEP

Alternate Symbol(s): SEPSF

ASEP Medical Holdings Inc. is a Canada-based company, which is in the business of acquiring research and development assets, technologies and/or businesses in the area of life sciences and medical diagnostics. The Company’s consolidates three development-stage companies, including Sepset Biosciences Inc., ABT Innovations Inc., and SafeCoat Medical Inc. It provides medical devices with an anti-microbial, antifouling coating through its SafeCoat Medical Inc. The Company also provides diagnostic kits for predicting the onset of severe Sepsis and organ failure through its Sepset Biosciences Inc. The Company also offers peptide technology through its ABT Innovations Inc. Its technology includes diagnostic and therapeutic. It has developed a novel diagnostic assay for the early and rapid diagnosis of sepsis, based on the detection of molecular signatures of sepsis specific to the immune response, rather than the presence of a pathogen.

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Asep Medical Holdings Inc > Trading To Resume Soon For $ASEP.c

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Comment by lscfaon May 25, 2022 3:10pm

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Post# 34707103

RE:Trading To Resume Soon For $ASEP.c

The 1st update should be they fired their auditor and have hired a more reliable one.

partystocker wrote:
Drama has surmounted around Asep Medical (CSE: ASEP) recently after the company was unable to timely file its annual filings. Delays were caused by a temporary lack of resources with the company’s auditors due to COVID-19 complications and staff changes.

As a result, the British Columbia Securities Commission has issued a Cease Trade Order ("CTO") that has temporarily suspended the trading activities of the company.

Management anticipates that it will be in a position to file the Annual Filings within the next 7-10 days. The CTO will be in effect until the Annual Filings are filed, and a revocation order is issued. The halt was issued on May 10.

Once Asep gets this snafu out of its hair, I’ll be interested to hear updates from the company regarding the progress of its diagnostic and therapeutic solutions for the treatment of sepsis. The company is currently working towards clinical development and regulatory approval for its novel solution that reduces diagnostic testing times by over 10x.

$ASEP.c was last traded at $.30 and is valued at $16.48M.

https://ceo.ca/@newswire/asep-medical-holdings-inc-taking-actions-for-revocation