Edge Total Stock Price, News & Analysis

Edge Total Intelligence Inc. (TSXV: CTRL, OTCQB: UNFYF) reported its audited financial results for Q4 and full year 2023. The company reduced its liabilities by 48% to $6.19 million from $11.85 million in 2022. Q4 revenue increased by 29% to $971,419, while full-year revenue rose 7% to $3.82 million. Operating expenses and cost of goods sold in Q4 decreased by 50% to $2.52 million. Net and comprehensive income improved by 126% in Q4, with a net income of $1.36 million compared to a loss of $4.49 million in Q4 2022. For the full year, the net loss decreased by 81% to $986,126. Significant achievements in 2023 include key strategic partnerships, industry recognitions, and a successful debt restructure which converted $5.27 million in debt to 9 million common shares.

Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) and Edgewater Federal Solutions will jointly exhibit at the 2024 TechConnect World Innovation Conference and Expo from June 17-19 at National Harbor, MD. This event aims to connect cutting-edge research and innovations with industry stakeholders. At Booth 429, they will showcase their capabilities in IT operations, cybersecurity, and mission planning. EdgeTI will demonstrate its Digital Twin platform, edgeCore™, and Jacques Jarman will present on actionable enterprise decision-making and AI/ML adoption. Shaun Poulton of Edgewater emphasized the transformative potential of their collaborative data analytics solutions.

Edge Total Intelligence (UNFYF) has provided an update on the Management Cease Trade Order (MCTO) application announced on April 26, 2024. The application was approved by the British Columbia Securities Commission on April 30, 2024. The MCTO restricts the CEO and CFO from trading company securities until the Annual and Interim Filings are submitted by June 28, 2024. Shareholders are not affected. The filing delays are due to the preparation of annual financial statements and are expected to be resolved soon. The company will continue issuing bi-weekly updates until the MCTO is lifted.

Edge Total Intelligence Inc. (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i) has updated the status of its management cease trade order (MCTO), which was announced on April 26, 2024, and granted on April 30, 2024, by the British Columbia Securities Commission. The MCTO restricts the CEO and CFO from trading in the Company's securities until the Annual Filings for the year ended December 31, 2023, are completed and filed. This delay has also impacted the timely completion of the interim financial statements for Q1 2024. The Company aims to complete and file all required documents by June 28, 2024. Edge Total Intelligence will continue to issue bi-weekly default status reports until the filings are complete and the MCTO is lifted. There have been no material changes or additional defaults since the initial announcement.

Edge Total Intelligence has provided an update on its Management Cease Trade Order (MCTO) application, initially announced on April 26, 2024, and granted by the British Columbia Securities Commission on April 30, 2024. The MCTO restricts the CEO and CFO from trading company securities until the Annual Filings for the year ending December 31, 2023, are completed. The company aims to file these by June 28, 2024. The trading ability of other shareholders remains unaffected. EdgeTI assures stakeholders of no material changes or defaults since the initial Announcement, and will continue bi-weekly updates until the MCTO is lifted.

Edge Total Intelligence Inc. announces the one-year renewal of North Wind's Digital Twin, with insights from nineteen business units. North Wind expanded efforts with a joint venture with Idaho Environmental Coalition. Partner certification from Ovation Ventures led to increased focus on partners.

Edge Total Intelligence Inc. (TSXV: CTRL) 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 for the fiscal year ended December 31, 2023. The MCTO restricts trading by the CEO and CFO until the filings are complete by June 28, 2024. The Company is diligently working towards filing the Annual Filings and is complying with alternative information guidelines as per National Policy 12-203.