PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) said a Management Cease Trade Order under which its CEO and CFO may not trade in the company's common shares remains in place as it seeks a new auditor so that it can file its financial statements for the year to June 30, 2023.
In an update, the company said auditors SHIM & Associates gave notice that they are no longer in a position to continue the audit of its financial statements due to scheduling conflicts.
It noted that there are no disagreements, consultations or unresolved issues in connection with the resignation of SHIM.