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P2 Solar ( (PTOS) ) has provided an update.
P2 Solar, Inc. announced the revocation of a cease trade order by the British Columbia Securities Commission, which had been in place since 2015 due to lapses in financial disclosures. The company has since updated its compliance with regulatory requirements and is working to reactivate its business operations. This development marks a potential turning point for P2 Solar, as it seeks to re-establish itself in the renewable energy sector after a period of dormancy and financial restructuring.
More about P2 Solar
P2 Solar, Inc. operates in the renewable energy industry, focusing primarily on solar power projects. The company has faced challenges in maintaining continuous operations, including failures to file necessary financial documents, leading to a cease trade order from the British Columbia Securities Commission. Over the years, P2 Solar has attempted various projects, including international ventures in India and local initiatives in British Columbia, yet faced setbacks that stalled its growth.
Current Market Cap: $271.8K
See more data about PTOS stock on TipRanks’ Stock Analysis page.