BFLX News Bioflamex Corp. CEO Issues a Letter to S
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BFLX News Bioflamex Corp. CEO Issues a Letter to Shareholders
2012-07-03 08:45 ET - News Release
COPENHAGEN, DENMARK -- (Marketwire) -- 07/03/12
Bioflamex Corp. (PINKSHEETS: BFLXE) CEO, Kristian Schiorring, today issued a letter to update shareholders on the current status and forward view of the company.
Dear Fellow Shareholders,
Current Status:
The company management would like to take the opportunity to inform our shareholders on the current state of affairs.
The Company is restating its financial statements for the year ended February 28, 2011 and quarters ended May 31, 2011, August 31, 2011 and November 30, 2011 to properly reflect previously unrecorded liabilities for various consulting agreements which were in effect during those periods.
The review of the filed 10-K is underway and the company has its team of accountants, auditors, and attorneys working to expedite the filing of the revised 10-K. This is scheduled to take place in the coming week.
Thus the current "e" status will be removed, and trading will commence on the OTCQB as soon as the revised 10-K is filed.
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