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ParcelPal Logistics Inc. (OTCQB: PTNYD) has been granted a Management Cease Trade Order (MCTO) by the British Columbia Securities Commission due to a delay in filing its annual financial statements and analysis. The MCTO restricts the CEO and CFO from trading in company securities until filings are completed. The company is working to appoint a new auditor and plans to file the required documents by June 10, 2024. ParcelPal will issue bi-weekly default status reports until the MCTO is lifted.