Pontus Protein Ltd V.HULK.H

Alternate Symbol(s): HLKKF

Consumer Defensive Farm Products

Pontus Protein Ltd. is a Canada-based agricultural food and technology company focused on creating and acquiring technology. The Company has artificial intelligence (AI)-engineered robots, combined with its proprietary vertical farming. The Company delivers foods and nutrients to every diet in a closed, controlled environment, avoiding all pesticides and genetically modified organisms (GMOs). The Company is focused on production of organic plant-based protein products. It specializes in aquaponic farming through the employment of its closed environment vertical aquaponics system (CEVAS), a network of automated bio-secure indoor aquaponic farms utilizing AI, to produce a non-GMO, organic plant-based protein product called Pontus Protein Powder. Pontus Protein Powder is designed to be added to enhance the nutrition profile of food and drinks, at home or for food producers. Its water lentils are grown without the use of solvents, chemicals, dyes, additives, preservatives, or pesticides.

TSXV:HULK.H - Post by User

Pontus Protein Ltd > re-halted?

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Comment by Tim2Agamion Aug 03, 2022 3:57pm

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Post# 34869234

RE:RE:RE:re-halted?

winnerswing wrote: They need financing ASAP

FROM SEDAR

As of May 31, 2022, the Company had a cash and cash equivalents balance of $Nil (November 30, 2021 - $12,342) to settle current liabilities of $2,285,118 (November 30, 2021 - $2,314,263).

Based on management’s assessment of its past ability to obtain required funding, the Company believes that it will be able to satisfy its current and long-term obligations as they come due.

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