Aiml Resources (TSE:AIML) has released an update.
AI/ML Innovations Inc. has been granted a Management Cease Trade Order (MCTO) by the BCSC due to a delay in filing its annual financial documents, which the company anticipates completing by September 30, 2024. The MCTO prohibits trading by certain executives but does not restrict other shareholders. The company is addressing accounting issues related to the consolidation of a French investee and is committed to providing bi-weekly updates until the financial statements are filed.
For further insights into TSE:AIML stock, check out TipRanks’ Stock Analysis page.