Business
IDC Will Have a Delay in Filing
(via TheNewswire) Calgary, Alberta - TheNewswire - May 29, 2020 - Imaging Dynam...
About this update from Imaging Dynamics Company, Ltd.
[{"type":"text","content":"IDC Will Have a Delay in Filing(via TheNewswire)\n \n \nCalgary, Alberta - TheNewswire - May 29, 2020 - Imaging Dynamics Company Ltd. (\"IDC\" or the \"Company\") (TSX Venture: \"IDL\") (TSXV:IDL) will have a delay in the filing of its audited annual financial statements for the fiscal year ended December 31, 2019 and the related management's discussion and analysis for the year ended December 31, 2019 and 2020 Q1 Report due to the COVID-19 . The company has submitted an application to request a management cease trade order (the \"MCTO\") from the Alberta Securities Commission.\n\n\n \nBecause of the Coronavirus (COVID-19) pandemic and its unprecedented impact on the general business environment in the Province of Alberta and worldwide. At this time, other than matters relating to the COVID-19 pandemic generally impacting communities and economies worldwide and not IDC and its business specifically, IDC has no material business developments that require disclosure to the public.\n\n\n \nThe Company is actively working with its auditors to file the 2019 Annual Financial Statements, which the Company expects to be completed imminently. IDC's board of directors and its management confirm that they are working expeditiously to meet the Company's obligations relating to the filing of the Annual Filings. At this time, the Company anticipates being able to complete the Annual Filings by July 31, 2020.\n\n\n \n\n\n\n \nAbout Imaging Dynamics Company (IDC):\n\n\n \n\nIDC is a global medical imaging technology provider and innovative force in the high technology growth field of digital radiography (DR). Digital Radiography is a form of X-ray imaging which replaces conventional film-based diagnostic imaging and provides a cost-effective solution for medical facilities of all sizes to provide high quality diagnostic X-ray images with the use of Flat Panel detectors to enhance the digital image quality and improve the level of healthcare for their patients.\n\n \n \nThe Company has its corporate office in Calgary, Canada, a sales and marketing office in Beijing, China, and operations, research and development centres in Calgary, Canada and Shanghai, China. \n\n \n \nVisit the IDC web site: www.imagingdynamics.com\n\n \n \nFor more information, please contact:\nMr. Paul Lin \n\n\n \nChief Executive Officer\n\n\n \nEmail: Paul.Lin@imagingdynam...