PLAINTREE SYSTEMS CITES SLOWDOWN AS REASON FOR LATE FILING
8/9/2017 8:26:45 AM
An Arnprior business may be in troubled financial waters. Plaintree Systems Inc. has announced that it has missed the deadline for filing two financial statements. The fiscal year ended on March 31 and the statements were to be filed by July 31. The company says that not being able to start the auditing process on time due a slow down in business was the major cause of the late filing. A release from the company says there are no insolvency proceedings against it at this point and the plan is to file the financial statements by the end of September. The CEO of Plaintree was not available for comment when contacted by the Oldies News team.
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