Menlo Park, California, Vancouver, British Columbia, and Boulder, Colorado--(Newsfile Corp. - May 11, 2022) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) (the "Company" or "Intellabridge") announces that its shares have been halted on the Canadian Securities Exchange due to the Company's former Auditor's late decision that it would be unable to provide blockchain cryptocurrency audits since it does not have the specialized skills to audit companies in the cryptocurrency industry. As a result of this decision, the Company was required to engage a new auditor and request a change of year end reporting in order to be in compliance with the reporting deadlines, as announced in a press release on April 29, 2022 prior to the filing deadline of May 2, 2022. However, in the final analysis, the Ontario Securities Commission did not grant an end of year change and halted the trading of shares on the Canadian Securities Exchange by issuing a cease trade order ("CTO") for not filing the following periodic disclosure documents (the "Annual Filings") by the filing deadline of May 2, 2022:
management's discussion and analysis for the year ended December 31, 2021; and
CEO and CFO certifications of the annual filings for the year ended December 31, 2021.
The Company anticipates that it will complete the Annual Filings on or before July 29, 2022 as originally anticipated by virtue of the resignation of Dale Matheson Carr-Hilton Labonte LLP on March 21, 2022...
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