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Bullboard - Stock Discussion Forum Vertical Peak Holdings Inc C.MJMJ

Alternate Symbol(s):  SPLIF

Vertical Peak Holdings Inc. (Vertical Peak) is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pre-rolls, vapes, edibles and oil extracts for medical and adult recreational use. The Company operates and controls licenses in California, which include manufacturing, retail and cultivation operations in California. Vertical Peak's... see more

CSE:MJMJ - Post Discussion

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Post by Red~One on Dec 06, 2021 11:02am

Halted

Yikes CTO
Comment by Bentley2000 on Dec 07, 2021 10:37am
Does anyone know anything about the HALT???
Comment by 2Wallets1Empty on Dec 07, 2021 11:54am
High Fusion Announces Issuance of Failure-To-File Cease Trade Order (yahoo.com) "High Fusion" or the "Company") announces that, on Friday December 3, 2021, the Ontario Securities Commission (the "OSC") issued a Failure-to-File Cease Trade Order against the Company (the "FFCTO") as a result of the Company not having filed audited financial statements on or ...more  
Comment by bulltrout33 on Dec 09, 2021 6:13am
Here's a link for the reason for the CTO. It would appear to be a lack of financial statement reporting. https://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=2677C3C9A8F845668A74BED1A23A0BF9
Comment by GrahamB on Dec 09, 2021 6:23pm
And the reason for failing to file is likely not good. The last financials: "As at April 30, 2021, the Company had working capital deficiency of $3,833,686 (July 31, 2020 – $20,563,341), spent $27,377,832 (2020 - $1,040,320) of cash for operating activities, had not yet achieved profitable operations, had accumulated losses of $66,314,345 (July 31, 2020 - $69,546,199), had shareholders' ...more  
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