TORONTO, Dec. 22 /CNW/ - Luxell Technologies Inc. (TSX:LUX) advises it has been further delayed in filing its 4th quarter and annual financial statements, as well as the annual Management Discussion & Analysis for the year ended August 31, 2006 beyond the initially extended filing date of December 22, 2006.
The delay continues to be due to the Company's recent restructuring and the volume of records the auditors are working through. The Company now expects to file the annual financial statements on or before January 26, 2007. The annual general meeting will be similarily delayed from February 28 to March 28, 2007.
The Company again confirms that its news release also complies with CSA Notice 57-301 - Failing to File Financial Statements on Time - Management Cease Trade Orders and OSC Policy 57-603 - Defaults by Reporting Issuers in Complying with Financial Statement Filing Requirements. In addition, the Company will continue filing Bi-weekly updates to comply with these requirements.
About Luxell
Luxell designs, manufactures and licenses flat panel display technologies and solutions for defence and avionics industries. More information can be found at www.luxell.com.
(C) Luxell Technologies Inc., Luxell and Black Layer are trademarks of
Luxell Technologies Inc. All other company and/or product names are
trademarks and/or registered trademarks of their respective
manufacturers.
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