Mr. Gary Yeoman reports
ILA PROVIDES UPDATE ON 2019 YEAR-END FILING OF FINANCIAL STATEMENTS
iLookabout Corp. has provided an update on the status of the filing of its annual financial statements and accompanying management's discussion and analysis for the financial year ended Dec. 31, 2019, as discussed in the company's previous news release on June 8, 2020.
Due to significant timing and resource challenges of its external auditors and finance department, which are directly attributable to the impacts of COVID-19, the company was unable to file its annual filings by the proscribed deadline. As a result a cease trade order has been issued by the Ontario Securities Commission and trading in the company's common shares will remain halted for so long as the CTO remains in effect. The company and its external auditors are working diligently and expect to be in a position to file its annual filings no later than June 30, 2020, as previously disclosed, and therefore expect to satisfy the requirements to lift the CTO by that time.
About iLookabout Corp.
iLookabout is a transformational data analytics organization that provides transparency to the valuation of real estate assets.
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