Straight Forward Marketing Corporation

November 02, 2006 10:03 ET

Notice of Default

TORONTO, ONTARIO--(CCNMatthews - Nov. 2, 2006) - Straight Forward Marketing Corporation (CNQ:SFMC) announces that it will be late in filing its annual financial statements for its fiscal year-end of June 30, 2006 and may be late in filing its interim financial statements for the quarter ending September 30, 2006. The fiscal year-end statements were required to be filed no later than October 30, 2006 and the interim financial statements are required to be filed no later than November 29, 2006. The late filing of the required statements is due to delays in closing a proposed financing and a delay in information being forwarded to the auditors of the Company. Based on the work completed to-date, SFMC anticipates that the annual financial statements and interim financial statements will be filed by November 25, 2006. In the event that SFMC does not file its annual statements by January 17, 2007, the Ontario Securities Commission may impose an Issuer Cease Trade Order. SFMC intends to satisfy the provisions of the Alternative Information Guidelines during the period SFMC remains in default of the filing requirements.

Contact Information

  • Straight Forward Marketing Corporation
    Brian Kennedy
    (416) 567-5643