PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) told investors that a management cease trade order (MCTO) remains in place as it diligently works with its auditor, Ziefmans LLP to conclude its annual filings at the earliest possible time.
The company said the application for the MCTO was made in connection with the delay in the filing of its audited annual financial statements for the year ended June 30, 2023, the related management's discussion and analysis, annual information form and CEO and CFO certifications, which were required to be filed on or before December 11, 2023.