TORONTO, ON / ACCESSWIRE / Could 3, 2022 / Liquid Avatar Applied sciences Inc. (CSE:LQID)(OTCQB:LQAVF)(FRA:4T51) Liquid Avatar Applied sciences, a worldwide blockchain and fintech options firm, targeted on digital id, built-in avatars and the Metaverse, is happy to welcome new Chief Monetary Officer, Craig McCannell to the Firm, efficient Could 3, 2022. With over 20 years {of professional} expertise, Mr. McCannell has been offering monetary accounting consulting companies to the Firm since 2020 and is a pure to take the put up of Chief Monetary Officer. Mr. McCannell has supplied CFO companies to each privately held Fintech and Expertise corporations, in addition to publicly traded know-how targeted corporations each in Canada and the US. Mr. McCannell spent practically 11 years at Ernst & Younger LLP and has been a Chartered Skilled Accountant in good standing since 2002.
The Firm expresses its appreciation to Mr. David Carter the outgoing Chief Monetary Officer, for his unwavering dedication and help since his arrival in 2020. Mr. Carter will proceed an affiliation with the Firm as a valued guide as he pursues different alternatives.
Sponsored content material:
Adjustments to Board of Administrators
Along with the appointment of Mr. McCannell, the Firm could be very happy to announce the appointments of Ms. Andra Enescu and Mr. Steven Hollerbach to the Board of Administrators.
Ms. Enescu is a securities lawyer and management govt who specialised in authentically constructing, creating and driving worth for organizations with the power to take them from seed to sale. Ms. Enescu is a extremely adept and versatile ahead thinker who takes a holistic and strategic strategy to structuring and growing scalable frameworks in rising industries. She is extremely completed and a confirmed change agent with worldwide expertise in facilitating M&A transactions, in addition to expert in capital elevating, administration and company improvement.
Mr. Hollerbach is at the moment the Vice President of Buying and selling and Optimization at Pilot Company. Steve has thirty-two years of expertise in varied roles within the power trade at UOP, Tosco, ConocoPhillips, Noble Americas and most lately Pilot. Steve has held quite a lot of totally different positions on the manufacturing facet of the power enterprise together with technical service, course of engineering, analysis and improvement and undertaking engineering however has spent the final twenty years of his profession within the industrial buying and selling facet. Whereas at Noble Americas and Pilot Company, Steve began up two worldwide commodity buying and selling workplaces in Houston. Steve earned a BS Chemical Engineering from the College of Notre Dame and an MBA in Finance from Villanova College.
Moreover, the Firm would additionally like to specific its appreciation to outgoing board member, Mr. Houssam Kawtharani for his contributions to the Firm’s progress and we respect the consideration and help that he has supplied over the previous 2 years, as he has resigned to pursue different endeavours.
Submitting of Audited Annual Monetary Statements
The Firm can also be happy to announce that it has filed its audited annual monetary statements for the yr ended December 31, 2021 and corresponding Administration’s Dialogue and Evaluation (“2021 Annual MD&A“).
Submitting of Corrective Disclosure in Response to Overview by the Ontario Securities Fee
Additional to a assessment by the Ontario Securities Fee (the “OSC“) of the Firm’s Administration’s Dialogue and Evaluation for the interval ended September 30, 2021 (the “Q3 2021 MD&A“), sure corrective disclosures are being supplied within the 2021 Annual MD&A to handle feedback acquired from the OSC on the Q3 2021 MD&A and to enhance the Firm’s disclosure. Particularly, corrective disclosures relate to:
Description of the Firm’s enterprise;Description of serious tasks with out income;Dialogue of operations;Liquidity and Capital Sources;Associated Get together Transactions; andMaterial Ahead Wanting Data
Because of having to incorporate such corrective disclosures throughout the 2021 Annual MD&A, the Firm will probably be positioned on the general public checklist of Refiling and Errors in accordance with OSC Workers Discover 51-711 (Revised) – Refilings and Corrections of Errors.
About Liquid Avatar Applied sciences Inc. – www.liquidavatartechnologies.com
Liquid Avatar Applied sciences Inc. focuses on the verification, administration and monetization of Self Sovereign Id, empowering customers to manage and profit from the usage of their on-line id.
The Liquid Avatar Cell App, out there within the Apple App Retailer and Google Play, is a verified Self Sovereign Id platform that empowers customers to create prime quality digital icons representing their on-line personas. These icons will permit customers to handle and management their digital id and Verifiable Entry and Id Credentials, and to make use of Liquid Avatars to share public and permission primarily based personal information when they need and with whom they need.
The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) is being developed to help all contributors in a digital credential ecosystem, together with the Holder, Issuer and Verifier, utilizing state-of-the-art blockchain and open requirements applied sciences initially as a node on the Indicio Community. The Firm is a voting and steering committee member of the Belief over IP Basis, founding and steering committee member of Cardea, a Linux Basis Public Well being undertaking, member of the Good Well being Go collaborative, DIACC, the Covid Credentials Initiative (“CCI”), The Linux Basis and a founding member of the Lumedic Alternate.
The Firm has a set of early-stage packages that help the Liquid Avatar Cell App program, together with KABN KASH, a money again and reward program that has over 600 main on-line retailers, which is within the pre-launch part, and is working to launch its personal branded community fee card in the US.
The Firm’s subsidiary, Oasis Digital Studios, is a artistic and improvement company that helps a variety of artists, expertise, and enterprises with Non-Fungible Token (NFT) options. Oasis owns 50% of and controls Aftermath Islands Restricted.
Liquid Avatar Applied sciences Inc. is publicly listed on the Canadian Securities Alternate (CSE) below the image “LQID” (CSE:LQID).
The Firm additionally trades in the US, on the OTCQB below the image “LQAVF” and in Frankfurt below the image “4T51”.
When you’ve got not already joined our mailing checklist and want to obtain updates on Liquid Avatar Applied sciences Inc., please click on right here to hitch!
For extra info, please go to www.liquidavatartechnologies.com
For additional info, please contact:
David Lucatch
Chief Government Officer
647-725-7742 Ext. 701
[email protected]
The CSE has not reviewed and doesn’t settle for duty for the adequacy or accuracy of this launch.
All web sites referred to are expressly not included by reference into this press launch.
Ahead-Wanting Data and Statements
This press launch accommodates sure “forward-looking info” throughout the which means of relevant Canadian securities laws and may include statements which will represent “forward-looking statements” throughout the which means of the secure harbor provisions of the US Non-public Securities Litigation Reform Act of 1995. Such forward-looking info and forward-looking statements aren’t consultant of historic details or info or present situation, however as an alternative symbolize solely the Firm’s beliefs concerning future occasions, plans or aims, a lot of which, by their nature, are inherently unsure and out of doors of the Firm’s management. Typically, such forward-looking info or forward-looking statements could be recognized by way of forward-looking terminology comparable to “plans”, “expects” or “doesn’t count on”, “is predicted”, “funds”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or might include statements that sure actions, occasions or outcomes “might”, “may”, “would”, “may” or “will probably be taken”, “will proceed”, “will happen” or “will probably be achieved”.
The forward-looking info and forward-looking statements contained herein embrace, however just isn’t restricted to, statements concerning the long run capabilities of the Liquid Avatar Cell App and LAVCE or, statements suggesting LAVCE or an Indicio Community Node will probably be efficiently launched and built-in into the Liquid Avatar platform and accomplice packages, info regarding the timing for the launch of Liquid Avatar apps, the plans for future options of the Liquid Avatar apps, plans for branded community fee card in the US, plans for KABN KASH, the power of the Firm to generate revenues, roll out new packages and to efficiently obtain enterprise aims, and expectations for different financial, enterprise, and/or aggressive elements.
By figuring out such info and statements on this method, the Firm is alerting the reader that such info and statements are topic to recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, degree of exercise, efficiency, or achievements of the Firm to be materially totally different from these expressed or implied by such info and statements.
Though the Firm believes that the assumptions and elements utilized in making ready, and the expectations contained in, the forward-looking info and statements are affordable, undue reliance shouldn’t be positioned on such info and statements, and no assurance or assure could be on condition that such forward-looking info and statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such info and statements. The forward-looking info and forward-looking statements contained on this press launch are made as of the date of this press launch, and the Firm doesn’t undertake to replace any forward-looking info and/or forward-looking statements which might be contained or referenced herein, besides in accordance with relevant securities legal guidelines.
SOURCE: Liquid Avatar Applied sciences Inc.
View supply model on accesswire.com:
https://www.accesswire.com/700054/Liquid-Avatar-Applied sciences-Inc-Declares-New-Chief-Monetary-Officer-Adjustments-to-the-Board-Administrators-Submitting-of-Audited-Annual-Monetary-Statements-and-Submitting-of-Corrective-Disclosure-in-Response-to-Overview-by-the-Ontario-Securities-Fee
