Mr. Jordan Ross reports
VOXTUR PROVIDES BI-WEEKLY STATUS REPORT OF MANAGEMENT CEASE TRADE ORDER
Voxtur Analytics Corp. is providing this biweekly status report in accordance with National Policy 12-203 -- Management Cease Trade Orders (NP 12-203). In its May 1, 2023, news release, the company announced the delayed filing of its audited annual financial statements for its financial year ended Dec. 31, 2022, the related management's discussion and analysis, and certifications by the chief executive officer and chief financial officer of the company. The Ontario Securities Commission, as the company's principal regulator in Canada, granted a temporary management cease trade order (MCTO) on May 5, 2023. The company is working closely with its auditors to complete the Required Filings by June 30, 2023.
As a result of the above referenced delay, the Company believes there will also be a delay in the filing of its interim financial statements for the period ended March 31, 2023, the related management's discussion and analysis relating to the interim financial statements, and the related certifications by the Chief Executive Officer and Chief Financial Officer of the Company (collectively, the "Q1 2023 Filings"). The Company believes it will be able to file the Q1 2023 Filings by July 7, 2023.
Pursuant to NP 12-203, the Company must file bi-weekly status reports in the form of further news releases during the period from the Notice until the MCTO is revoked. The Company reports that since the Notice and except as noted above: (a) there have been no material changes to the information contained in the default announcement or subsequent default status reports that would reasonably be expected to be material to an investor; (b) there have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative information guidelines under NP 12-203; (c) there has not been any specified default subsequent to the default which is the subject of the Notice; and (d) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
About Voxtur
Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur's proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada.
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