VSBLTY Clarifies Notice from Canadian Investment Regulatory Organization
Only 14.1 Million Warrants have Expired and Are Being Delisted
PHILADELPHIA, PA. - TheNewswire - Aug 28, 2023 — VSBLTY Groupe Technologies Corp. (OTC:VSBGF) (CSE:VSBY) (Frankfurt:5VS) (“VSBLTY”), a leading software provider of AI-driven security and retail analytics technology, would like to clarify a release from the Canadian Investment Regulatory Organization (CIRO) regarding a trading halt and delisting.
Only the outstanding 14.1 million tradable warrants (VSBY.WT) issued pursuant to an August 2020 financing which had an expiry date of August 28, 2023, are being delisted. The Company’s common shares continue to trade as usual in its listed markets.
It is unfortunate the wording of the notice has had some of our shareholders thinking the Company itself and its commons shares were being delisted, this is simply a wrong interpretation of a standard notice of delisting expired warrants.
The Company apologizes for any confusion and states its business as usual.
Investor Relations
Harbor Access
Jonathan Paterson, 475-477-9401
Jonathan.Paterson@Harbor-Access.com
Graham Farrell, +1-416-842-9003
Graham.Farrell@Harbor-Access.com
CONTACT: Linda Rosanio, 609-472-0877
About VSBLTY (http://vsblty.net/)
Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (OTC: VSBGF) (“VSBLTY”) is the world leader in Artificial Intelligence and real time interpretation of what a CCTV camera sees. By utilizing facial detection, age, genders and other matrixes, VSBLTY’s proprietary technology can effectively enhance retail brand engagement through customized ads on in-store digital displays at point of sale in real time tailored to the customer’s age or gender. This technology has proven to increase brand sales by 25-35%. The firm is also recognized for its leadership role in the growing “Store as a Medium” movement that enables brands to reach customers when and where buying decisions are being made while producing a new revenue stream for retailers.
Using its proprietary AI software, VSBLTY has also developed a range of security products that include facial recognition and weapon recognition utilizing modern surveillance cameras as well as legacy CCTV cameras. VSBLTY has the capability to create a proactive security system rather than a reactive security system that assures the early warning of threats that can save lives.