06:35:25 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Edge Total Intelligence Inc
Symbol CTRL
Shares Issued 28,465,000
Close 2024-04-26 C$ 0.67
Market Cap C$ 19,071,550
Recent Sedar Documents

Edge Total applies for voluntary MCTO

2024-04-26 17:12 ET - News Release

Mr. Nick Brigman reports

EDGE TOTAL INTELLIGENCE INC. ANNOUNCES APPLICATION FOR VOLUNTARY MCTO

Edge Total Intelligence Inc. has pro-actively applied for a voluntary management cease trade order (the MCTO) with the British Columbia Securities Commission, which will cause delays to the filing of the company's annual financial statements and accompanying management's discussion and analysis for the fiscal year ended Dec. 31, 2023 (the required filings).

Reasons for the anticipated delay include continuing delays in the valuation and accounting of certain transactions and other business matters of the company, as well as delays relating to staffing issues and other unforeseen circumstances. The company is working diligently with its auditor to resolve this matter as quickly as possible.

The company currently expects to file the required filings on or before June 28, 2024, and will issue a press release announcing completion of such filings once completed. Until the company files the required filings, it will comply with the alternative information guidelines set out in National Policy 12-203 -- Management Cease Trade Orders. These guidelines require the company to issue biweekly default status reports by way of a press release during the period of the MCTO.

The MCTO only restricts the chief executive officer and chief financial officer of the company from all trading in securities of the company until such time as the required filings have been filed by the company and the MCTO has been lifted. The MCTO does not affect the ability of other shareholders of the company to trade in securities of the company.

About Edge Total Intelligence Inc.

Edge Total helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore, that unites multiple software applicates and data sources into one immersive experience called a digital twin. Global enterprises, service providers and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology and cross-domain operations -- helping them achieve the impossible.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.