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Bullboard - Stock Discussion Forum Future Farm Technologies Inc FFRMF

Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

GREY:FFRMF - Post Discussion

Future Farm Technologies Inc > Letter sent to W. Gildea today.
View:
Post by Howard46 on Nov 03, 2020 3:17pm

Letter sent to W. Gildea today.

Investor Relations
Bill Gildea, CEO & Director
 
Re: Auditor
DMCL Chartered Professional Accountants  
 
Mr. Gildea;
I have been informed by DMCL Professional Accountants that they are no longer associated with your company and that has been the case for approximately 7 months.
Apparently they do not know who is attending to the required filings required by the Securities Commission and wished me luck with gathering related information.
 
Who is looking after this and the year end audit for Future Farm Technologies Inc.?
It seems clear that your August failure to complete timely filings has nothing to do with the High Purity Natural Products merger and that the company does not have the necessary resources to complete the audit for the year ended February 29, 2020 , including an auditor.
 
Your August 24, 2020 information release appears to be nothing more than "Intent to mislead or defraud  and stall shareholders and/or others regarding financial and operating conditions at the Future Farm Technologies Inc."
Please update all shareholders immediately regarding the facts of your company's financial and operating condition.
 
J.Howard, Shareholder
 
Excerpt from August 24, 2020 Shareholder update.
 

The Company confirms that it has the financial resources necessary to complete the audit, and now anticipates being in a position to file the audited financial statements for the year-ended February 29, 2020, and their related MD&A (collectively, the Required Filings), by October 15, 2020.

 

Our recent merger with High Purity Natural Products added an important, revenue generating operating asset which will be key in achieving our goal to be a leading supplier of top-quality health and wellness products, including those made from hemp. We are in a strong position to grow the business and create shareholder value even as we manage through this challenge, said Bill Gildea, CEO of Future Farm.

Comment by Thomas1955 on Nov 03, 2020 8:11pm
he definitely is a misleading scamming fraudster! He needs to level with the shareholders!!!!
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