NetworkNewsBreaks – Eat Well Investment Group In
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Eat Well Group (CSE: EWG) (OTC: EWGFF), a publicly traded investment company, has released an update regarding the anticipated timelines for the filing of its audited annual financial statements for the year ended Nov. 30, 2021, as well as other required documents, including the related management’s discussion and analysis and certificates of its CEO and CFO. The announcement noted that additional delays have taken place, although the company and its auditors continue to work diligently to file the required documents as soon as possible. According to the most recent estimates, the company plans on filing the information by June 10, 2022. In the announcement, Eat Well Group reiterated that, under the current management cease trade order (“MCTO”) issued by the British Columbia Securities Commission, its chief executive officer and chief financial officer are not allowed to trade in securities of the company. The company also confirmed that there have been no material changes to the information contained in the default announcement originally issued in March; that there have been no failures by the company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines under NP 12-203; that there has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the default announcement; and there is no other material information concerning the affairs of the company that has not been generally disclosed.
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