on Alset AI Ventures Inc. (CVE:GPUS)
Alset AI Ventures Reports on Bi-Weekly MCTO Status
Alset AI Ventures Inc., an AI venture company, has released its bi-weekly status report related to the Management Cease Trade Order (MCTO) granted by the British Columbia Securities Commission on January 29, 2025. This order restricts trading by the CEO and CFO until the company submits its 2024 annual audited financial statements by March 31, 2025. Importantly, the MCTO does not restrict shareholders' trading activities.
The company reassures investors that no material changes have occurred since the Default Announcement on January 29, 2025. Alset AI's board and management are working diligently to meet the filing deadline and maintain compliance with NP 12-203 guidelines. The company aims to file the required documents by March 11, 2025, and will continue providing bi-weekly updates until compliance is achieved.
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