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Mobio Technologies Inc V.MBO

Mobio Technologies Inc. is a Canada-based company. The Company's primary line of business is Strutta.com Media Inc. (Strutta), a social promotions platform that allows brands to run contests and sweepstakes across multiple social Web channels. Strutta's Promotions application programming interface (API) provides a technology platform that facilitates social media competitions and campaigns for global brands. It also owns Twenty Year Media, which is a media and technology company developing advanced technologies for the entertainment and motion picture sector. Twenty Year Media owns and operates Emerging Pictures, a United States-based all-digital film and alternative content distribution network. In addition, the Company invests in business-to-business (B2B) software-as-a-service (SaaS) companies and early-stage seed funds.


TSXV:MBO - Post by User

Comment by Pandoraon Nov 19, 2021 2:11pm
81 Views
Post# 34147027

RE:Mobio some news

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.


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