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INEO Tech Corp. Responds to Misleading Statements and Anonymous Threats

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INEO Tech Corp. ( (TSE:INEO) ) has provided an announcement.

INEO Tech Corp. is addressing misleading statements made by Coenda Holdings Investments regarding its business direction and governance. The company has also received anonymous threats involving false press releases that could harm its business relationships. INEO plans to provide shareholders with detailed information ahead of a special meeting, urging them to disregard the misleading communications.

More about INEO Tech Corp.

INEO Tech Corp., through its subsidiary INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers. The company’s technology integrates digital screens with theft detection sensor gates at retail store entrances and uses IoT and AI to deliver customized digital advertising. INEO also offers a SaaS-based solution for larger retail chains and is headquartered in Surrey, Canada.

Average Trading Volume: 47,040

Technical Sentiment Signal: Sell

Current Market Cap: C$4.13M

Learn more about INEO stock on TipRanks’ Stock Analysis page.

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