STOCK TITAN

VSBLTY ANNOUNCES DELAY IN FILING ANNUAL FINANCIAL STATEMENTS

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) announced a delay in its annual financial statements for the year ending December 31, 2021, originally due on May 2, 2022. The delay is attributed to lagging documentation from the company's international operations and translation issues. Despite this setback, the company is working diligently to finalize the filings and anticipates submitting them imminently. This development is crucial for investors awaiting insights into the company's financial performance.

Positive
  • The company is proactively addressing the delay in its annual financial filings.
  • Anticipates imminent filing of the delayed financial statements.
Negative
  • Delayed annual financial statements may raise investor concerns about transparency.
  • Lag in documentation could indicate operational inefficiencies.

Philadelphia, PA, May 02, 2022 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (the “Company” or “VSBLTY”) (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), a leading software provider of security and retail analytics technology, announces that its annual financial statements for the year ended December 31, 2021, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”), have been delayed beyond May 2, 2022.

The Annual Financial Filings were delayed due to a lag in receiving documentation relating to the Company’s international operations and the translation of such documentation. The Company is working on completing the Annual Financial Filings and expects to be able to file them imminently.

On Behalf of the Board of VSBLTY Groupe Technologies Corp.

"Jay Hutton”

CEO & Director                                                                     

Investor Relations

CHF Capital Markets

Cathy Hume, CEO, +1-416-868-1079, x251

cathy@chfir.com

Harbor Access

Jonathan Paterson, 475-477-9401

Jonathan.Paterson@Harbor-Access.com

Graham Farrell, +1-416-842-9003

Graham.Farrell@Harbor-Access.com

CONTACT: Linda Rosanio, 609-472-0877 

lrosanio@vsblty.net

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 Display™, 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.

 


FAQ

Why were VSBLTY's annual financial statements delayed?

The delay was due to a lag in receiving documentation related to the company's international operations and the subsequent translation of this documentation.

When does VSBLTY expect to file its annual financial statements?

VSBLTY expects to file the annual financial statements imminently after resolving the documentation issues.

What is the stock symbol for VSBLTY Groupe Technologies Corp.?

The stock symbol for VSBLTY Groupe Technologies Corp. is VSBGF.

What does the delay in financial filings mean for VSBLTY investors?

A delay in financial filings may raise concerns regarding the company's operational transparency and could potentially affect investor confidence.

VSBLTY GROUPE TECHNOLOGIS

OTC:VSBGF

VSBGF Rankings

VSBGF Latest News

VSBGF Stock Data

3.61M
50.21M
3.76%
Software - Application
Technology
Link
United States of America
Vancouver