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Bullboard - Stock Discussion Forum Australis Capital Inc C.AUSA

Alternate Symbol(s):  AUSAF

Australis Capital Inc. is a multi-state operator in the cannabis industry in the United States. The Company is involved in the cannabis and horticultural industries in the United States and abroad. It is focused on brands and cannabis licenses in states with favorable economics. The Company also operates an engineering consulting firm. The Company advises on greenhouse design, build and... see more

CSE:AUSA - Post Discussion

Australis Capital Inc > I will make it easy for you . . .
View:
Post by Canadaforoil on Aug 10, 2023 1:40pm

I will make it easy for you . . .

Financial Reporting and Cease Trade Order Update
Management expects to complete the fiscal 2022 audit of the financial statements before the end
of August. Subsequent to the filing of the fiscal 2022 statements, the Company will file its
unaudited interim statements for the quarters ended June 30, 2022, September 30, 2022, and
December 31, 2022. In addition, management intends to complete its fiscal 2023 financial
statements for the period ending March 31, 2023, and re-engage our auditors.
Note that the fiscal 2023 statements were due July 30, 2023, as such, the Company expects that its
shares will continue to be suspended from trading by the Canadian Securities Exchange pursuant
to CSE Policy 3.
It is the intention of management to complete all outstanding financial reports and apply for
resumption of trading.
Comment by ChefBHT on Aug 10, 2023 5:07pm
"Expects", "Intends", "Intention".... What's new?
Comment by ESRESR on Aug 10, 2023 11:44pm
not sure why that is a concern. Every company words their NR's the same way. Usually signed off by the lawyers before it goes out.
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