VANCOUVER, April 6, 2018 /CNW/ - Fireswirl Technologies Inc. (TSXV: FSW) ("Fireswirl"), announces that it has filed amended and restated condensed interim financial statements and related management discussion and analysis for the three month period ended March 31, 2017, the three and six month periods ended June 30, 2017 and the three and nine month periods ended September 30, 2017. The amendment and restatement is to derecognize the assets and liabilities of Fireswirl's former subsidiary, Beijing XingChang XinDa Technology Development Co. Ltd. ("XCXD"), from its consolidated statement of financial position as at March 31, June 30 and September 30, 2017 and to cease reporting operating losses of XCXD effective as of January 1, 2017 for the respective reporting periods.
Fireswirl Technologies Inc. (TSXV: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. Fireswirl's technology has broad applications for solutions requiring multiple payment interfaces, multicurrency and multi-language capabilities. Fireswirl's solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.
This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Fireswirl with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, statements regarding the outlook for future operations, the evaluation of market conditions, and the ability to raise financing. Investors are cautioned that any such forward-looking statements are not guarantees and may involve risks and uncertainties, and that actual results may differ from those in the forward-looking statements as a result of various factors such as general economic and business conditions, including changes in economic conditions and misjudgments in the course of preparing forward-looking statements. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl does not undertake any obligation to release publicly any revision for updating any voluntary forward–looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Fireswirl Technologies Inc.
For further information: Ji Yoon, Interim Chief Financial Officer and Chairman, Telephone: 604.540.8805, Fax: 604.677.6613, Email: [email protected], Website: www.fireswirl.com