Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s): PKKFF

Technology Software - Application

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.

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Tenet Fintech Group Inc.

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Comment by polo11on Nov 14, 2016 6:49pm

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Post# 25459687

RE:RE:RE:RE:Where is the 4m$ from the pp last May

Peak Positioning Technologies Inc.

Consolidated Statements of Financial Position

September 30, 2016 and December 31, 2015 (In Canadian dollars)
(Unaudited)

ASSETS

Current

Cash 400 549
Debtors (Note 3) 163 105
Prepaid expenses (note 4) 615 835

Property and equipment (Note 5) 20 687

Investment (Note 6) 350 000

Intangible asset (Note 8) 3 933 266

8 - INTANGIBLE ASSET

This amount represents the cost value of the Gold River platform. This platform was developed by an unrelated development company. Certain features of the platform, related to its ability to allow for purchase order financing, were still in the testing phase. As such, no amortization was taken for the quarter ended September 30, 2016.