Digiliti Money Provides Corporate Update
DIGILITI MONEY GROUP INC (DGLT)
US:NASDAQ Investor Relations:
digilitimoney.com/investors/investors2
Company Research
Source: GlobeNewswire
MINNEAPOLIS, Minn., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Digiliti Money, Inc. (NASDAQ:DGLT), a leading mobile FinTech provider, has provided an update of its corporate activities. The Company, under the supervision of our Board of Directors, has initiated an internal investigation regarding very recently discovered information indicating we may need to restate our previously reported financial results. We do not expect to disclose further developments regarding this matter until the investigation is concluded. We anticipate filing an extension with the Securities and Exchange Commission (“SEC”) for the filing of our Quarterly Report on Form 10-Q for the three months ended June 30, 2017 and have apprised the NASDAQ Stock Market (“Nasdaq”) of the situation. On August 12, 2017, our Independent Registered Public Accounting Firm notified us pursuant to 4.02(b) of SEC Form 8-K that we should disclose that reliance should not be placed on (i) their Report relating to the Company’s consolid
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