An update from Thoughtful Brands ( (PEMTF) ) is now available.
Blender Bites Limited has announced a delay in filing its financial statements for the period ended October 31, 2024, due to the resignation of its former auditor and CFO. As a result, a management cease trade order has been granted, restricting trading by the company’s CEO and interim CFO, though other shareholders can still trade. The company plans to issue biweekly default status reports and has no current plans for insolvency proceedings, maintaining transparency with stakeholders.
More about Thoughtful Brands
Blender Bites is a Canadian company that specializes in the development and marketing of premium frozen beverage products, focusing on functionality and convenience. Founded in 2017, it has become a leader in the ‘easy smoothie’ category in North America, offering products that are organic, non-GMO, gluten-free, dairy-free, and soy-free. Their products, including 1-Step Smoothies and 1-Step Frappes, are distributed across Canada and the US and are available in over 7000 stores, including major retailers like Walmart and Whole Foods.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.18M
For a thorough assessment of PEMTF stock, go to TipRanks’ Stock Analysis page.