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Bullboard - Stock Discussion Forum Maple Leaf Green World Inc MGWFF


Primary Symbol: C.MGW

Maple Leaf Green World Inc. is a Canadian company that is focused on the health and wellness industry in North America and China. The Company's portfolio includes a plant-based health and wellness project in Southern California, an essential oil project in China, and investments in renewable energy initiatives. It is engaged in the hemp products market in the state of California, United States.... see more

CSE:MGW - Post Discussion

Maple Leaf Green World Inc > Fraudulent or Illegal Activity by Employees, Contractors,
View:
Post by Grizzlyadams1 on May 02, 2023 6:59pm

Fraudulent or Illegal Activity by Employees, Contractors,

The Company is exposed to the risk that its employees, independent contractors, and consultants may engage in fraudulent or other illegal activity. Misconduct by these parties could include intentional, reckless and/or negligent conduct or disclosure of unauthorized activities to the Company that violates: (i) government regulations; (ii) manufacturing standards; (i) federal and provincial healthcare fraud and abuse laws and regulations; or (iv) laws that require the true, complete, and accurate reporting of financial information or data. It is not always possible for the Company to identify and deter misconduct by its employees and other third parties, and the precautions taken by the Company to detect and prevent this activity may not be effective in controlling unknown or unmanaged risks or losses or in protecting the Company from governmental investigations or other actions or lawsuits stemming from a failure to be in compliance with such laws or regulations. If any such actions are instituted against Maple Leaf, and it is not successful in defending itself or asserting its rights, those actions could have a significant impact on Maple Leaf's business, including the imposition of civil, criminal, and administrative penalties, damages, monetary fines, contractual damages, reputational harm, diminished profits, and future earnings, and curtailment of the Company's operations, any of which could have a material adverse effect on the Company's business, financial condition, and results of operations.

Comment by westshore on Jan 05, 2024 5:54pm
Anyone have any word on the prefab homes? No news on anything for quit a while.
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