Brief: Data Communications Management Announces Anticipated Late Filing Of Annual Financial Statements And Proposed Management Cease Trade Order

Data Communications Management (Ontario)

17/03/2020 23:21

March 17 (Reuters) - Data Communications Management Corp
 DCM.TO :
    * DATA COMMUNICATIONS MANAGEMENT CORP. ANNOUNCES ANTICIPATED
LATE
FILING OF ANNUAL FINANCIAL STATEMENTS AND PROPOSED MANAGEMENT
CEASE TRADE ORDER
    * DATA COMMUNICATIONS MANAGEMENT - OWING TO, AMONG OTHER
THINGS,
COVID-19'S IMPACT ON CERTAIN HUMAN RESOURCES, CO UNABLE TO MEET
ITS FILING DEADLINE
    * DATA COMMUNICATIONS MANAGEMENT - PRINCIPAL REASON FOR
DELAY
RELATES TO CONTINUING REMEDIATION EFFORTS WITH RESPECT TO
IMPLEMENTATION OF NEW ERP SYSTEM
    * DATA COMMUNICATIONS MANAGEMENT - IMPLEMENTATION OF NEW ERP
SYSTEM RESULTED IN ISSUANCE OF INACCURATE INVOICES, DELAYS IN
COLLECTION OF ACCOUNTS RECEIVABLE

Source text for Eikon:  ID:nBw6dW8X7a 
Further company coverage:  DCM.TO 

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