{"id":24080,"date":"2024-11-29T01:17:01","date_gmt":"2024-11-29T01:17:01","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/bluerush-delayed-in-filing-financial-statements-anticipated-ffcto\/"},"modified":"2024-11-29T01:17:01","modified_gmt":"2024-11-29T01:17:01","slug":"bluerush-delayed-in-filing-financial-statements-anticipated-ffcto","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/bluerush-delayed-in-filing-financial-statements-anticipated-ffcto\/","title":{"rendered":"BlueRush Delayed in Filing Financial Statements; Anticipated FFCTO"},"content":{"rendered":"
\n

TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush<\/strong>” or the “Company<\/strong>“) \u200e\u200e\u200e(TSXV:BTV; OTCQB:BTVRF), \u200ea personalized video Software as a Service (“SaaS<\/strong>“) company, announces that it will miss the deadline of November 28, 2024 (the “Filing Deadline<\/strong>“) to file the Company\u2019s audited annual financial statements and management discussion & analysis for the financial year ended July 31, 2024, and the CEO and CFO certificates, all as required by National Instrument 51-102 – Continuous Disclosure Obligations<\/em> and National Instrument 52-109 – Certification of Disclosure in Issuers\u2019 Annual and Interim Filings<\/em> (collectively, the \u201cDocuments<\/strong>\u201d). As a consequence, the Company anticipates the imposition by the Ontario Securities Commission of a Failure-to-File Cease Trade Order (“FFCTO<\/strong>“). The Company is working diligently with its auditors to file the Documents as soon as possible.<\/p>\n

About BlueRush Inc.<\/strong><\/p>\n

BlueRush, through its wholly owned operating subsidiary, builds and delivers products and services that engage customers in the digital channels. BlueRush\u2019s flagship product, IndiVideo\u00ae, is a disruptive, award-winning interactive personalized video platform that drives return on investment throughout the customer lifecycle, from increased conversions to more engaging statements and customer care. IndiVideo\u00ae enables BlueRush clients to capture knowledge and data from their customers’ video interaction, creating new and compelling data driven customer insights. For more information visit\u00a0https:\/\/www.bluerush.com<\/u><\/a>.<\/p>\n

Forward-Looking Statements<\/em><\/p>\n

Certain statements contained in this press release may constitute “forward-looking information” \u200e\u200eas such term is defined in applicable Canadian securities legislation. The words “may”, “would”, \u200e\u200e\u200e”could”, “should”, “potential”, “will”, “seek”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, \u200e\u200e\u200e”expect” and similar expressions as they relate to the Company, including: statements with respect to the issuance and timing of an FFCTO; and the filing of the Documents; are intended to \u200eidentify forward-looking information. All statements other than \u200estatements of historical fact may \u200ebe forward-looking information. Such statements reflect the \u200eCompany’s current views and \u200eintentions with respect to future events, and current information \u200eavailable to the Company, and \u200eare subject to certain risks, uncertainties and assumptions. \u200eMaterial factors or assumptions \u200ewere applied in providing forward-looking information. Many \u200efactors could cause the actual \u200eresults, performance or achievements that may be expressed or \u200eimplied by such forward-\u200elooking information to vary from those described herein should one or \u200emore of these risks or \u200euncertainties materialize. These factors include, without limitation: \u200echanges in law; the ability to \u200eimplement business strategies and pursue business opportunities; \u200estate of the capital markets; \u200ethe availability of funds and resources to pursue operations; a novel \u200ebusiness model; \u200edependence on key suppliers and local partners; competition; the outcome and \u200ecost of any \u200elitigation; the general impact of COVID-19 pandemic; as well as general economic, \u200emarket and \u200ebusiness conditions, as well as those risk factors discussed or referred to in \u200edisclosure \u200edocuments filed by the Company with the securities regulatory authorities in certain \u200eprovinces of \u200eCanada and available at www.sedarplus.com. Should any factor affect the Company in \u200ean \u200eunexpected manner, or should assumptions underlying the forward-looking information prove \u200e\u200eincorrect, the actual results or events may differ materially from the results or events predicted. \u200e\u200eAny such forward-looking information is expressly qualified in its entirety by this cautionary \u200e\u200estatement. Moreover, the Company does not assume responsibility for the accuracy or \u200e\u200ecompleteness of such forward-looking information. The forward-looking information included in \u200e\u200ethis press release is made as of the date of this press release and the Company undertakes no \u200e\u200eobligation to publicly update or revise any forward-looking information, other than as required by \u200e\u200eapplicable law.\u200e<\/em><\/p>\n

For further information please contact:\u200e<\/p>\n

Steve Taylor
Chief Executive Officer
BlueRush Inc.\u200e
Tel: 416-457-9391\u200e
Email: steve.taylor@bluerush.com<\/p>\n

Kendra Borutski
Director of Marketing
BlueRush Inc.\u200e
Email: kendra.borutski@bluerush.com<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company“) \u200e\u200e\u200e(TSXV:BTV; OTCQB:BTVRF), \u200ea personalized video Software as a Service (“SaaS“) company, announces that it will miss the deadline of November 28, 2024 (the “Filing Deadline“) to file the Company\u2019s audited annual financial statements and management discussion & analysis for the financial year 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