Post by
HHAPPY on Aug 27, 2020 6:57pm
It seems like a lot of companies are taking advantage
of the ability to delay reporting financial reports.
Here we go with MPXI.
""MPXI" or the "Corporation") (CSE:MPXI) (CNSX:MPXI.CN)(OTC:MPXOF), a multinational diversified cannabis company, announces that it will be delaying the filing and delivery of certain of its continuous disclosure documents, in accordance with Ontario Instrument 51-505 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 of the Ontario Securities Commission (the "Blanket Exemption Order") which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic.
The Corporation is relying on the Blanket Exemption Order in delaying the Corporation's interim financial statements for the three and nine month period ended June 30, 2020 and related certifications; and the Corporation's management discussion and analysis for the three and nine month period ended June 30, 2020.
The Corporation confirms that since the filing of its financial statements and related management discussion and analysis for the period ended June 30, 2020, there have been no material business developments other than those disclosed through news releases and/or made publicly available on the CSE's website.
The officers and directors of the Corporation and certain other persons will remain subject to a trading black-out pursuant to which such persons are prohibited from trading in any securities of the Corporation until the end of the second full trading day following the day on which the Required Annual Filings are filed on SEDAR and a corresponding news release is issued by the Corporation.
The Corporation currently intends to make the required interim filings by October 15, 2020"