Bullboard - Stock Discussion Forum UpSnap Inc CEENQ

Technology Software - Application

UpSnap, Inc. is a Canada-based company, which provides mobile advertising solutions to both large brands and small businesses. The Company offers its advertising services to national brands on a campaign basis and to small businesses on a monthly subscription basis. Its advertising solutions include video advertisements, social media advertisements and digitally retargeted direct mail ads that... see more

Add To Watchlist

GREY:CEENQ - Post Discussion

UpSnap Inc > Garbage

View:

Post by Thebeginner2020 on Jan 24, 2024 4:59pm

Garbage

On January 18, 2024, the Company filed an “Assignment in Bankruptcy” under the BIA. The Company is no longer able to meet its financial obligations and has appointed B. Riley Farber Inc. (the “Trustee”) to act as its bankruptcy trustee to, among other things, seek settlement with its creditors. The Company confirms the Trustee may be permitted to realize on the assets of the Company in order to maximize the benefit for creditors.