19:32:19 EDT Tue 27 Sep 2022
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Future Farm scratches around for audit money

2022-08-12 17:26 ET - News Release

Mr. William Gildea reports

FUTURE FARM UPDATE

Future Farm Technologies Inc. is providing an update to its shareholders.

Future Farm has not yet been able to close a financing that would provide the resources to complete audits and meet other requirements to allow its shares to trade again. The recent (July 27) delisting by the Canadian Securities Exchange of Future Farm shares will be addressed by the company applying to list again after it has completed its audits and met other reporting requirements. At this point, management does not have enough information to accurately predict when it will meet those goals.

Notwithstanding the challenges it has encountered, the management of Future Farm remains highly engaged to find the financing to support both the business operations and to get the stock trading again.

As part of the effort to find financing, Future Farm is implementing a strategy to leverage its expertise in plant-based products and sustainable technology to find financing at the subsidiary level. It is pursuing this strategy for both its high-purity natural products subsidiary (contract manufacturing of plant-based health and wellness products) and its CEPG subsidiary (licensed Canadian cannabis microgrow and research company).

We seek Safe Harbor.

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