There will be a 15-day delay in our uploading the 2012 annual filing which is due April1st. This will result in a temporary change in status from Current Information Tier to No Information Tier (because the previous filing was for a period that was more than 6 months ago). This does not affect the ability of shares to trade in accounts where they are permitted to do so. The 2012 annual will be uploaded and the Current Information Tier will be returned.
Also, we have met with prospective auditors in connection with our desire that Winning Brands shareholders have the benefit of the business becoming registered and uplisted. Consultations are underway as to the best way to expedite this.
We are committed to finding means to reconcile a variety of stakeholder interests in a manner that addresses challenges and opportunities both.
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We are also aware that registration and up-listing is not by itself sufficient to provide shareholders with new opportunities. That is an administrative accomplishment, and important, but does not address the business issues. The business itself also requires new momentum. Earlier initiatives have not yielded sufficient results over the years, despite some accomplishments.. Life after our up-listing will not merely be a continuation of our previous routines – the search for the right mix of operational factors and people is underway.