Ascent (CSE: ASNT) fails to file financial statements on time

Ascent Industries (CSE: ASNT) announced it has failed to file its audited financial statements on time. The Cease Trade Order will remain in effect until it does and the Annual Meeting will also be delayed until further notice. The Special Meeting of Shareholders is rescheduled until June 25, 2019. In addition it is involved in proceedings under the Companies Creditors Arrangement Act and is to attend a “show cause” hearing with respect to its licenses in Nevada.