Facedrive Inc. a Canadian “people-and-planet-first” tech ecosystem, is aware of certain allegations circulated concerning the Company’s long-term plans and is choosing to provide a general corporate update. The Company’s management team has always considered, and will continue to consider, all strategic transactions and possibilities from the perspective of determining what is in the best interests of the …
Facedrive Inc. (“ Facedrive ” or the “ Company ”) (TSXV:FD), (OTCQX:FDVRF), a Canadian “people-and-planet-first” tech ecosystem, is aware of certain allegations circulated concerning the Company’s long-term plans and is choosing to provide a general corporate update. The Company’s management team has always considered, and will continue to consider, all strategic transactions and possibilities from the perspective of determining what is in the best interests of the Company and its shareholders. Management currently has numerous strategic paths available to it that are under consideration. However, management has made no determination in respect of any of the potential paths nor has it presented any such alternatives to the Board.
Statement of Claim ISRR Holdings and Imran Khan
The Company confirms that it has filed a statement of claim (the “ Claim ”) in the Superior Court of Justice of Ontario against Imran Khan (” Khan “) and ISRR Holdings Inc. (“ ISRR ”) in relation to the defendants allegedly trading with knowledge of undisclosed information contrary to...
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