PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF), the digital face of the plant-based community operating a one-stop shop for plant-based products, is releasing an update on its delay in filing required annual financial statements, management’s discussion and analysis, and related certifications for the fiscal year ended March 31, 2022; the update also included the filing status of its financial statements, management’s discussion and analysis, and related officer certifications for the three-month period ended June 30, 2022 as well as filing the required documents for the six-month period ended Sept. 30, 2022. According to the announcement, PLTXF’s 2022 audit is ongoing but has been delayed because the company has had to complete and restate its fiscal year required documents for March 31, 2021; the company is also implementing internal control procedures as a result of the restatement process. “Trading in the company’s securities currently remains subject to a general ‘failure to file’ cease trade order issued on Oct. 18, 2022, by the British Columbia Securities Commission,” the company stated in the announcement. “The company is working diligently with the auditors to complete and file the annual filings and the interim filings and expects to have the audit of the annual filings completed, and the annual filings filed, within a few business days. The company expects the interim filings to be filed concurrently with or shortly after the filing of the annual filings. The company is currently not subject to any insolvency proceedings and there is no other material information concerning the affairs of the company that has not generally been disclosed.”
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About PlantX Life Inc.
PlantX is committed to being the digital face of the plant-based community as well as the one-stop shop for everything plant based. With its fast-growing category verticals, the company offers customers across North America more than 5,000 plant-based products. In addition to offering meal and indoor plant deliveries, the company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand. But the business is not limited to an ecommerce platform. PLTXF uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information about this company, please visit www.PlantX.com and www.PlantX.ca.
NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF
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