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Certive Solutions Inc. — Capital/Financing Update 2022
Aug 11, 2022
46764_rns_2022-08-11_3fe58479-af3f-4dd2-9d5a-83dbe37296dd.pdf
Capital/Financing Update
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FOR IMMEDIATE RELEASE August 11, 2022
Certive Announces Selection of New Audit Firm
Scottsdale Arizona and Vancouver British Columbia – Certive Solutions Inc. (OTCQB:CTVEF CSE:CBP) (“Certive” or the “Company”) is pleased to announce the following:
New Audit Firm – Certive reports that its Board of Directors and Audit Committee have appointed BF Borgers CPA PC (“Successor Auditor”) for the audit of the Company’s financial statements as at and for the year ended May 31, 2022 replacing Harbourside CPA LLP (“Former Auditor”) following its resignation. The Successor Auditor holds the office of auditor for Certive effective beginning August 1, 2022 and will serve until such time as the Company’s next annual general meeting of the Company’s shareholders, at which time the Company will then ask its shareholders to ratify the appointment of the Successor Auditor. Tim Hyland, CFO of Certive, stated “Following the resignation of the Company’s Former Auditor, the Company’s management team, Audit Committee and Board of Directors selected BF Borger CPA PC as Successor Auditor because it is beneficial for Certive to engage an auditing firm based in the Unites States with the requisite knowledge of IFRS, but also has a broad understanding and strong connectivity within the US Healthcare sector. We believe this relationship will be proactive as we continue to expand our product offerings with both of our subsidiaries, Certive Health Revenue Solutions and Certive Health Compliance Solutions.”
Conversion of Convertible Debenture – The Company is also pleased to announce the conversion of a Promissory Note held by a Cybersecurity advisor to the Company. The advisor has elected to convert his Promissory Note’s principal and accrued interest totaling US$24,213 into 403,543 shares of the Company’s Common Stock at a conversion rate of US$0.06/share.
For more information regarding this announcement, please visit our website at https://certivehealth.com or contact Certive directly at (480) 228-5881.
Scott Thomas Investor Relations, Certive Solutions Inc. [email protected]
About Certive Solutions Inc.
Certive Solutions Inc. (Scottsdale, Arizona) is currently 100% focused on the operations and value proposition of its wholly owned subsidiary, Certive Health Inc., and its subsidiaries, Certive Health Revenue Solutions and Certive Health Compliance Solutions. With identical Board of Directors, Management, Advisory Council, Mission and Vision, Certive Solutions is strategically positioned as a public company. All Advisors and Board Members are investors in the company – all have significant networks. Their collective experience, expertise, and relationships is the people-equity
Certive Health Inc. | 480-922-5327 | 8149 N. 87th Place | Scottsdale AZ | 85258
upon which the company was founded. Certive Health’s vision is making the $3.7 trillion healthcare market better by applying its People-Equity and Capital to create solutions in the healthcare communities it serves. Certive Health’s revenue cycle services assist hospitals with the complexity of the reimbursement process and improve their financial and quality performance. Certive Health’s cybersecurity solutions allow health care providers to protect their networks, their data, and their patients from malicious agents and aggressors.
FORWARD-LOOKING STATEMENTS
Statements contained in this report that are not statements of historical fact are intended to be and are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by the Reform Act. Forward-looking statements include expressed expectations of future events and the assumptions on which the expressed expectations are based. All forward looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. Due to those uncertainties and risks, the investment community is urged not to place undue reliance on written or oral forward-looking statements of Certive Solutions Inc. The Company undertakes no obligation to update or revise this Safe Harbor Compliance Statement for ForwardLooking Statements (the “Safe Harbor Statement”) to reflect future developments. In addition, Certive undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
Certive Health Inc. | 480-922-5327 | 8149 N. 87th Place | Scottsdale AZ | 85258 2