British Columbia Securities Commission

Emergia Inc. Provides Bi-Weekly Default Status Report

Retrieved on: 
Tuesday, May 16, 2023

MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.

Key Points: 
  • MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- (CSE: EMER) Emergia Inc. (the “Corporation or “Emergia”) is providing this default status report in accordance with National Policy 12-2023 Management Cease Trade Order (“NP 12-2023”) and the terms of a Management Cease Trade Order (“MCTO”) issued by the British Columbia Securities Commission (the “BCSC”) on May 2, 2023.
  • Pursuant to NP 12-203, the Corporation must file bi-weekly default status reports in the form of new releases until the MCTO is revoked.
  • Accordingly, the Corporation confirms that since the Default Announcement:
    There have been no changes to the information contained in the Company’s May 2.
  • The Corporation expects to file the Annual Financial Filings on or before June 30, 2023.

Red White & Bloom Reports Fiscal 2022 results with stronger revenues and increased gross profit

Retrieved on: 
Tuesday, May 16, 2023

Fiscal Year 2022 (“2022-YE”) Consolidated Results (v. Fiscal Year 2021 (“2021-YE”))

Key Points: 
  • Fiscal Year 2022 (“2022-YE”) Consolidated Results (v. Fiscal Year 2021 (“2021-YE”))
    Revenues were $97.5 million for 2022-YE, a $60.2 million increase from 2021-YE revenues of $37.3 million.
  • Gross profit before fair value adjustments for 2022-YE was $27.5 million, an $8.0 million increase from 2021-YE gross profit before fair value adjustments of $19.5 million.
  • Gross profit after fair value adjustments for 2022-YE was $27.6 million, a $4.4 million increase from 2021-YE gross profit after fair value adjustments of $23.2 million.
  • Gross profit, after fair value adjustments, was $6.8 million for 2022-Q4, a $4.6 million increase from 2021-Q4 consolidated gross profit after fair value adjustments of $2.2 million.

Cleantech Power Corp. Provides Update on Status of MCTO and Correction on Warrant Amendments

Retrieved on: 
Monday, May 15, 2023

The Company reports that the audit is progressing and will provide a further update on the timing of its Annual Filings on or about May 29, 2023.

Key Points: 
  • The Company reports that the audit is progressing and will provide a further update on the timing of its Annual Filings on or about May 29, 2023.
  • During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares.
  • However, the Company's Chief Executive Officer and Chief Financial Officer will not be able to trade in the Company's common shares.
  • The Warrant Amendments were passed unanimously by the board of directors of the Company.

mCloud Provides Update on Filing of Financial Statements

Retrieved on: 
Friday, May 12, 2023

SAN FRANCISCO, May 12, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ: MCLD) (TSXV: MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets, is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings").

Key Points: 
  • SAN FRANCISCO, May 12, 2023 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ: MCLD) (TSXV: MCLD) ("mCloud" or the "Company") a provider of cloud technology solutions optimizing the performance, reliability and sustainability of energy-intensive assets, is providing an update on the status of the filing of its annual financial statements, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form for the financial year ended December 31, 2022 (collectively, the "Annual Filings").
  • The Company is continuing to work diligently and expeditiously to complete and file the Annual Filings as soon as possible.
  • As previously announced, the Company has been granted a Management Cease Trade Order by the British Columbia Securities Commission.
  • The Company confirms that there are no insolvency proceedings against it as of the date of this press release.

GameOn Provides Update on Status of MCTO

Retrieved on: 
Thursday, May 11, 2023

VANCOUVER, BC, May 10, 2023 /PRNewswire/ -- GameOn Entertainment Technologies Inc. (CSE: GET) (OTCQB: GMETF) ("GameOn" or the "Company") is providing an update on the status of  a management cease trade order (the "MCTO") application to the British Columbia Securities Commission that the Company announced was granted on May 2, 2023.

Key Points: 
  • VANCOUVER, BC, May 10, 2023 /PRNewswire/ -- GameOn Entertainment Technologies Inc. (CSE: GET) (OTCQB: GMETF) ("GameOn" or the "Company") is providing an update on the status of  a management cease trade order (the "MCTO") application to the British Columbia Securities Commission that the Company announced was granted on May 2, 2023.
  • The Company reports that the audit is progressing and will provide a further update on the timing of its  Annual Filings on or about May 24, 2023.
  • The Company is working diligently with its current and incoming auditors to complete the audit in a timely manner.
  • During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares.

TAAT® Provides Update on Planned Austria Launch and Nasdaq Capital Market Application, as Well as Corporate Update for First Half of Calendar 2023

Retrieved on: 
Tuesday, May 9, 2023

As a result of a review by the British Columbia Securities Commission, we are issuing the following press release to update our disclosure.

Key Points: 
  • As a result of a review by the British Columbia Securities Commission, we are issuing the following press release to update our disclosure.
  • In a press release dated November 5, 2021 , the Company announced that it had finalized its first commercial order for the planned launch of the TAAT® product in Austria.
  • At the time, the Company’s management had reached the conclusion that all requirements as stipulated by the Nasdaq Stock Market for listing on the Nasdaq Capital Market were sufficiently met.
  • Furthermore, the Company provides the following corporate update regarding its performance and activities during the first half of the 2023 calendar year.

Trez Capital announces the appointment of Karen Keilty to its Board of Governors

Retrieved on: 
Tuesday, May 9, 2023

"We are delighted to welcome Karen to our Board of Governors," said Morley Greene, Chairman Chief & Executive Officer.

Key Points: 
  • "We are delighted to welcome Karen to our Board of Governors," said Morley Greene, Chairman Chief & Executive Officer.
  • "We are delighted to welcome Karen to our Board of Governors," said Morley Greene, Chairman and Chief Executive Officer, Trez Capital.
  • With Ms. Keilty's appointment, the Trez Capital Board of Governors has six members, all of whom bring unique perspectives and expertise to the table.
  • For more information about Trez Capital and its Board of Governors, please visit www.trezcapital.com

RWB Notified CTO Issued by the British Columbia Securities Commission; 2022 Annual Financial Statements and Associated MD&A to be Filed by End of Day on May 9, 2023

Retrieved on: 
Tuesday, May 9, 2023

The Company is collaborating with its auditor, Macias Gini & O’Connell LLP, to complete the audit and issue the disclosures by end of day on May 9, 2023.

Key Points: 
  • The Company is collaborating with its auditor, Macias Gini & O’Connell LLP, to complete the audit and issue the disclosures by end of day on May 9, 2023.
  • The Company continues to operate normally and reports that the cause of the delay is not material to the Company’s operations.
  • RWB will issue a news release announcing completion of the requisite filings once posted on SEDAR.
  • Holders of the Company's securities are urged to consult with their own investment advisors or legal counsel about the implications of the CTO.

GlobalBlock Announces Receipt of Management Cease Trade Order

Retrieved on: 
Thursday, May 4, 2023

London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company" or "GlobalBlock") announces that it has been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission as requested by the Company.

Key Points: 
  • London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company" or "GlobalBlock") announces that it has been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission as requested by the Company.
  • As such, additional time is required by the Company's auditor to complete their review and procedures.
  • Under the provisions of National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), the MCTO permits the continued trading in the Company's common shares by persons other than the Company's Chief Executive Officer, Chief Financial Officer and such other directors, officers and persons as determined by the applicable regulatory authorities.
  • The Company is not subject to any insolvency proceedings nor is there in other material information concerning the affairs of the Company that has not been generally disclosed.

Update on Release of the 2022 Year End Financials and Board of Directors

Retrieved on: 
Wednesday, May 3, 2023

The delay in filing the Required Filings is a result of additional time required by the auditor to review several acquisitions completed by the Company during the 2022 fiscal year.

Key Points: 
  • The delay in filing the Required Filings is a result of additional time required by the auditor to review several acquisitions completed by the Company during the 2022 fiscal year.
  • The Company has also entered into multiple definitive agreements during the 2022 fiscal year, which has required considerable time and resources from the finance department of the Company and the auditor.
  • However, there is no assurance that the Company will be able to remedy its filing default and have the CTO revoked in a timely manner or at all.
  • The Company thanks Mr. Bismuth for his contribution and services and wishes him well on his future endeavours.