Forward-Looking Statements
This website contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this website includes, but is not limited to, statements regarding the completion of the Change of Business, all statements in respect of Market Overview herein and any implication the resulting issuer’s growth and development will follow general trends in the market, the operations and business segments of the Company following the Change of Business, the completion of the Offering and the timing in respect thereof, the use of proceeds of the Offering, the completion of the restructuring of the Company’s outstanding debt obligations, the details of the divestiture of the Food Business, and timely receipt of all necessary approvals, including the approval of the Canadian Securities Exchange.
In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this website is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the timely receipt of regulatory approvals for the Offering and Change of Business; the timely receipt of shareholder approval for the Change of Business and divestiture of the food business; the ability to source ingredients; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company’s services; and the ability to successfully deploy the new business strategy as a result of the Change of Business. While the Company considers these assumptions to be reasonable, they may be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; the sufficiency of our cash to meet liquidity needs; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company’s filings with applicable Canadian securities regulators.
Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this website. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.
