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Empatho Holdings Inc. (CSE: EMPH), formerly Shane Resources Ltd., is a virtual well-being firm specializing in smart solutions powered by proprietary PsychAI™ artificial intelligence. The company offers a data-driven mobile application that engages users in managing their health, enhancing productivity, and delivering cost savings for employers. Empatho is currently focused on completing a Shares for Debt Transaction to improve its financial position by settling outstanding liabilities with creditors.
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Empatho Holdings Inc. (EMPHF) faces a cease trade order due to the delay in filing its annual financial statements, leading to a halt in trading of its securities. The British Columbia Commission issued the order, impacting shareholders and investors.
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Empatho Holdings Inc. issues 29,039,980 common shares to creditors in exchange for outstanding accounts payable, reducing existing liabilities.
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Empatho Holdings Inc. (CSE: EMPH) has agreed to issue 29,039,980 common shares to creditors in exchange for outstanding accounts payable totaling CA$1,451,999.01. The Settlement Shares are being issued at a price of $0.05 to improve the company's financial position by reducing existing liabilities. This related party transaction is subject to CSE acceptance and will not create a new control person of the company.
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FAQ
What is the market cap of EMPATHO HLDGS CL A (EMPHF)?
The market cap of EMPATHO HLDGS CL A (EMPHF) is approximately 741.2K.
What is Empatho Holdings Inc.?
Empatho Holdings Inc. is a virtual well-being firm specializing in smart solutions powered by proprietary PsychAI™ artificial intelligence.
What services does Empatho offer?
Empatho offers a data-driven mobile application that engages users in managing their health, enhancing productivity, and delivering cost savings for employers.
What is the Shares for Debt Transaction?
The Shares for Debt Transaction is a process through which Empatho settles outstanding liabilities with creditors by issuing common shares.
Who are some key individuals within Empatho Holdings Inc.?
Key individuals within Empatho include Yan Namer as the CEO and John Ross as the CFO, among others.
What is the goal of Empatho's mobile application?
The goal of Empatho's mobile application is to engage individuals in the management of their health and help them achieve well-being goals.
How does Empatho utilize AI in its solutions?
Empatho uses proprietary PsychAI™ artificial intelligence to strategically guide users in achieving individualized well-being goals.
What type of market does Empatho target?
Empatho targets the well-being and health management market with its innovative mobile application and AI-powered solutions.
What is the significance of the four-month hold period on Settlement Shares?
The four-month hold period ensures that the Settlement Shares issued as part of the Shares for Debt Transaction are not immediately tradable on the market, contributing to the overall financial strategy of Empatho.
What are some key features of Empatho's mobile application?
Empatho's mobile application offers data-driven insights, personalized recommendations, and engagement tools to help users manage their health and well-being effectively.
How does Empatho differentiate itself in the market?
Empatho differentiates itself by combining advanced technology, data analytics, and artificial intelligence to create a unique, user-centric approach to well-being management.
EMPATHO HLDGS INC CL A
OTC:EMPHF
EMPHF Rankings
EMPHF Stock Data
741.20k
82.27M
United States of America