Mr. Jay Hutton reports
VSBLTY ANNOUNCES DELAY IN FILING ANNUAL FINANCIAL STATEMENTS
Vsblty Groupe Technologies Corp.'s annual financial statements for the year ended Dec. 31, 2023, including
the related management's discussion and analysis (MD&A), and chief executive officer and chief financial officer certifications, were not filed by the required filing deadline of April 29, 2024.
The company's auditor requires additional time to complete its audit due to certain complex transactions
that the company entered into during the 2023 financial year and, as a result, the annual financial filings
were not filed on or before the filing deadline.
The company is working on the steps required to complete the annual financial filings and expects to be
able to file the annual financial filings by May 30, 2024. The Company will provide updates as further
information relating to the Annual Financial Filings becomes available.
The Company has applied to the applicable securities regulatory authorities and received a management
cease trade order ("MCTO") imposed against the Chief Executive Officer and Chief Financial Officer of the
Company precluding them from trading securities of the Company. The MCTO will be in effect until the
Annual Financial Filings are filed and requires that the Annual Financial Filings be filed on or before June
28, 2024.
Until the Annual Financial Filings are filed, the Company intends to issue bi-weekly default status reports in
accordance with National Policy 12-203 - Management Cease Trade Orders. The Company intends to
satisfy the provisions of the Alternative Information Guidelines during the period it remains in default of the
filing requirements. The Company confirms that there is no other material information relating to its affairs
that has not been generally disclosed.
About VSBLTY (http://vsblty.net/)
Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF)
("VSBLTY") is the world leader in Proactive Digital DisplayTM, which transforms retail and public spaces as
well as place-based media networks with SaaS-based audience measurement and security software that
uses artificial intelligence and machine learning. Its proprietary technology effectively integrates with other
digital retail solutions, including QR codes and mobile applications. The firm is also recognized for its
leadership role in the growing Store as a Medium movement that enables brands to reach customers when
and where buying decisions are being made while producing a new revenue stream for retailers.
We seek Safe Harbor.
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