Buy It or Sell It? BIGG Digital Assets Inc (OTCMKTS:BBKCF) Issues Bi-Weekly Update

BIGG Digital Assets Inc (OTCMKTS:BBKCF) stock is trading lower in the opening session on Friday. The stock has seen a nice jump so far this year with a gain of 241%, but still down over 405 in the past month.

Market Action

As of 9:53, BBKCF stock fell by 6 cents or 4.17% at $1.38. The stock has traded 251K shares, well below   its average volume of 5.36 million shares.  The stock opened at $1.43 and moved in a range of $1.3650 – 1.4500.

BBKCF Released News Today

BIGG Digital Assets Inc. Provides Bi-Weekly Status Update

  • BBKCF announce that it expects to file its annual financial statements and related MD&A for the year ended December 31, 2020 (collectively, the “Annual Filings”) on May 31, 2021. The filing delay is directly related to the volume of audit testing required given the significant growth experienced by the Company in 2020.
  • BIGG confirms that since it announced a delay of its Annual Filings (the “Filings Notice”) there is no material change to the information set out in the Filings Notice that has not been generally disclosed and there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provision of the alternative information guidelines set out in NP 12-203. Management is working diligently with the Company’s auditors to meet the Company’s obligations related to its Annual Filings and that, while subject to the Management Cease Trade Order (“MCTO”), the Company will continue to comply with the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly status reports until it has satisfied the necessary filing requirements.
  • BIGG anticipates that it will file its Q1 2021 financial statements and related MD&A for the three month period ended March 31, 2021 on or about June 7, 2021.

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