TUT Fitness Group Inc (TSE:GYM) has released an update.
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TUT Fitness Group Inc. is actively working to file its annual financial documents after receiving a management cease trade order from the British Columbia Securities Commission due to delays in the process. The management cease trade order restricts trading by the company’s CEO and CFO but does not impact shareholders’ ability to trade. The company also announced a share consolidation plan and promises bi-weekly updates until the required financial statements are filed.
For further insights into TSE:GYM stock, check out TipRanks’ Stock Analysis page.