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Facedrive provides new information on company operations following OSC request


Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions and projects launched in the third and second quarters of 2020.
Facedrive claimed to be providing the information after being requested to do so by the Ontario Securities Commission’s Corporate Finance Branch as part of a continuous disclosure review that dates back to 2020.
The recent clarifications come in the wake of two reports questioning Facedrive’s valuation, leadership, and purported growth.
The company statement notes Facedrive was requested to provide “clarifying information” about its Foodora asset acquisition, the HiRide acquisition, a consulting agreement with US medical device company Medtronics as well as the status of Facedrive’s early stage and non-revenue generating “projects” during fiscal Q2 and Q3 2020. ....

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Detailed text transcripts for TV channel - CNN - 20170223:12:57:00

Pick-me-up. i have no doubt if we get this tax cut down, especially the lower business taxes. we have the highest business income tax rate in the world, leading to companies leavings the united states, burger king, medtronics, johnson controls, get that business rate down to 20%, i guaranteed that tide will revrs and businesses and jobs will come back to the united states. i want to see it down faster. i think the markets do, too. the political reality, what we saw with the travel ban, sometimes haste makes waste. you ve got the tea party pushing back very hard on paying for every dollar and being careful about the deficit. that makes it very hard for tax policy, steve. how do you deal with that? also, to the critics out there with business tax, yeah, the nominal rate is in the 20s or even higher but the actual rate is much lower than that. is that a fair appraisal of reality that you re giving and what about the political reality ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100326:08:44:00

Are killing the business of high tech companies like medtronics who have to end up laying off high tech with. not exactly a trade-off you want. irs agents in place of high tech workers. the main argument against this obama care is it s going to destroy our economy, all the numbers in it are phony. it s going to create a huge amount of debt. but all of that which is true really is going to have a visible effect in mid decade. not going to have an effect today. so i think and on the other side, the obama administration is going to be able to argued republicans have said that the sky is going to fall if this is enacted. it s still intact. bret: the president said as much today. i think the argument is going to be ideological and theoretical as it has been up to now between now and november and i think the results will be roughly the same because we re not going to see a lot of change ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100325:22:44:00

Are killing the business of high tech companies like medtronics who have to end up laying off high tech with. not exactly a trade-off you want. irs agents in place of high tech workers. the main argument against this obama care is it s going to destroy our economy, all the numbers in it are phony. it s going to create a huge amount of debt. but all of that which is true really is going to have a visible effect in mid decade. not going to have an effect today. so i think and on the other side, the obama administration is going to be able to argued republicans have said that the sky is going to fall if this is enacted. it s still intact. bret: the president said as much today. i think the argument is going to be ideological and theoretical as it has been up to now between now and november and i think the results will be roughly the same because we re not going to see a lot of change ....

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Detailed text transcripts for TV channel - CNN - 20100226:06:46:00

$935 million. medtronics, that s the maker of pacemakers, implantable defibrillators, reported a profit of $831 million. gives you a little bit of perspective. still ahead, five simple things you can do right now to live a longer healthier life. bestselling author dan buettner is going to join us. can i eat heart healthy without giving up taste? ....

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