Brief: AmpliTech Group Files Non-Timely 10-Q With The US SEC

Amplitech

16/05/2024 22:33

May 16 (Reuters) - Amplitech Group Inc  AMPG.O :
    * AMPLITECH GROUP INC FILES NON-TIMELY 10-Q WITH THE U.S.
SEC
    * AMPLITECH GROUP - DURING MARCH QUARTER CO MADE SEVERAL
TRANSACTIONS IN DIGITAL CURRENCY IN TOTAL AMOUNT OF ABOUT $3.25
MILLION
    * AMPLITECH GROUP - BELIEVES THAT IT WAS FRAUDULENTLY
INDUCED TO
HOLD ITS DIGITAL CURRENCY WITH CUSTODIAN THAT NO LONGER EXISTS
    * AMPLITECH GROUP - TAKING STEPS IN ATTEMPT TO SEEK RECOVERY
OF
FUNDS INCLUDING DISCUSSIONS WITH LOCAL, FEDERAL, INTERNATIONAL
LAW ENFORCEMENT AGENCIES
    * AMPLITECH GROUP - CURRENTLY CONDUCTING REVIEW OF PROCESSES
AND
PROCEDURES RELATED TO INVESTMENT
    * AMPLITECH GROUP - ANTICIPATES TO INCUR NET LOSS OF ABOUT
$4.7
MILLION IN MARCH QUARTER

Source text for Eikon:  ID:n0001493152-24-020267 
Further company coverage:  AMPG.O 

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