RE:Mobio some newsNot one, not two, but three!
Mobio Technologies to refile Q1, Q2, Q3 financials
2021-11-19 14:01 ET - News Release
Mr. Laurie Baggio reports
MOBIO TECHNOLOGIES TO RESTATE QUARTERLY FINANCIAL STATEMENTS
Mobio Technologies Inc. will refile its interim financial statements for the three, six and nine month periods ended Oct. 31, 2020, Jan. 31, 2021, and April 30, 2021, as they are being amended to restated to reflect certain adjustments. The amendments and restatements include an adjustment to reverse the amount of debt cancellation and forgiveness previously recognized of $6,543,410 along with the loss on disposal of investment of $536,521 and to recognize a loss on deconsolidation of Plank Ventures Ltd. of $1,209,217. Furthermore, we are amending the presentation of the equity section in the statement of financial position to align the July 31, 2020, comparative period with the audited July 31, 2020, results.