Q4F22 financial statement update.
VSBLTY PROVIDES BI-WEEKLY STATUS UPDATE PHILADELPHIA, PA., May 31, 2023 (GLOBE NEWSWIRE)—VSBLTY Groupe Technologies Corp. (the “Company” or “VSBLTY”) (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), a leading software provider of security and retail analytics technology, is providing this bi-weekly status report of its Management Cease Trade Order in accordance with National Policy 12-203 – Management Cease Trade Orders. As described in the Company’s initial news release on May 3, 2023 and bi-weekly update news release on May 17, 2023, the filing of its annual financial statements for the year ended December 31, 2022, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”) were not filed by the required filing deadline. The Company confirms that, except as provided herein, there are no changes from its news release dated May 17, 2023. The Company is working on the steps required to complete the Annual Financial Filings and continues to expect to be able to file the Annual Financial Filings by June 16, 2023. The Company will provide updates as further information relating to the Annual Financial Filings becomes available. The Company has applied to the applicable securities regulatory authorities and received a management cease trade order (“MCTO”) imposed against the Chief Executive Officer and Chief Financial Officer of the Company precluding them from trading securities of the Company. The MCTO will be in effect until the Annual Financial Filings are filed and requires that the Annual Financial Filings be filed on or before June June 30, 2023. Until the Annual Financial Filings are filed, the Company intends to issue bi-weekly default status reports in accordance with National Policy 12-203 – Management Cease Trade Orders. The Company intends to satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the filing requirements. The Company confirms that there is no other material information relating to its affairs that has not been generally disclosed. On Behalf of the Board of VSBLTY Groupe Technologies Corp. "Jay Hutton” CEO & Director
They continue to astound me, considering the May 17 release stated: "by May 31". This is truly getting comical. IF they actually release the fins by June 16 that's around 165 after the Q1F22 close. Not much more to say.