ParcelPal Logistics Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Vancouver, british columbia--(newsfile corp. - april 16, 2024) - parcelpal logistics inc. (otcqb: ptnyf) (cse: pkg) (fse: pt0a) (the "company" or "parcelpal"), announces that the filing of its audited annual financial statements, management's discussion and analysis and related chief executive officer and chief financial officer certifications for the year ended december 31, 2023 (the "required filings") will be delayed beyond the prescribed filing deadline of april 29, 2024. the principal reason behind the issuer's delay in meeting its reporting deadline is the company has determined that it is unable to file, without unreasonable effort or expense, its required filings by the prescribed due date, as its auditor bf borgers, chartered professional accountants, has been terminated as a participating audit firm by the canadian public accountability board.

Vancouver, british columbia--(newsfile corp. - april 12, 2024) - parcelpal logistics inc. (otcqb: ptnyf) (cse: pkg) (fse: pt0a) (the "company" or "parcelpal"), is pleased to announce that it continues to make progress on securing a viable site in the southern u.s. to host the previously announced antmining machine business line. it is important to note that this site is the largest to date in terms of potential processing power with up to 100 megawatts of power, capable of hosting up to 38,000 antmining machines.

Toronto, ontario--(newsfile corp. - le 9 avril/april 2024 - parcelpal logistics inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares. as a result, the outstanding shares of the company will be reduced to approximately 27,804,046 common shares.

Vancouver, british columbia--(newsfile corp. - april 5, 2024) - parcelpal logistics inc. (otcqb: ptnyf) (cse: pkg) (fse: pt0a) (the "company" or "parcelpal"), announces that it intends to consolidate the common shares of the company (each, a "share") on the basis of ten (10) pre-consolidation shares for one (1) post-consolidation share (the "consolidation"). the company's common shares are expected to commence trading at the opening of the market on april 11, 2024 under the company's symbol "pkg".

Vancouver, british columbia--(newsfile corp. - march 26, 2024) - parcelpal logistics inc. (otcqb: ptnyf) (cse: pkg) (fse: pt0a) (the "company" or "parcelpal") is pleased to announce that its core business with its largest customer has remained solid post 2023 peak and into q1 2024. the amount of volume has been up over 10% from the same period last year.

VANCOUVER, British Columbia, Oct. 18, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that it has changed its auditor from Dale Matheson Carr-Hilton LaBonte LLP (“DMCL”) to BF Borgers CPA, PC (“BF Borgers”) as its independent registered public accounting firm. The Board of Directors of the Company approved the appointment of BF Borgers as the Company's independent registered public accounting firm for the fiscal year ended December 31, 2021, effective October 14, 2021.

VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce the signing of an agreement to provide delivery services for a new large client in the specialty pharmacy services space, which has access to over 1,300 retail stores throughout Canada.

VANCOUVER, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that it has signed a “letter of intent” with another United States delivery service company (“Acquiree”). The Acquiree initiated operations at this specific locale in March 2021 and has been rapidly growing. For calendar year 2021, Acquiree is projecting gross revenues of approximately $1.0M USD, and for its first 12 months of operations they are projecting gross revenues for approximately $1.3M USD. It is important to note that the Acquiree's principal customer is a major global delivery service provider and is not one that ParcelPal currently does any business with; therefore, assuming consummation of this transaction, this will also lend itself towards our goal to diversify our customer base while immediately adding to our topline gross revenue growth.

VANCOUVER, British Columbia, Sept. 30, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that as part of the Company's broader plan to continue to diversify its customer base and execute on additional profitable business engagements, it has signed another meal kit delivery customer. This new customer currently operates in British Columbia and Alberta.

VANCOUVER, British Columbia, Sept. 16, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that the parties related to the Company's acquisition of its first United States delivery service company (“Acquiree”) have officially closed the transaction. This transaction effectively nearly doubles both the Company's annual revenue and overall size, which is additionally significant since it marks the first such acquisition in the history of the Company.

VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that as part of the Company's broader plan to continue to diversify its customer base and execute on additional profitable business engagements, it has expanded its services with an existing large meal kit delivery company, for which we already provide same-day delivery courier services in Vancouver and Calgary.

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that, subsequent to the previously announced letter of intent on July 14, the parties related to the Company's acquisition of its first United States delivery service company (“Acquiree”) have signed the definitive agreements related thereto and anticipate closing within a week. This transaction effectively nearly doubles both the Company's annual revenue and size of ParcelPal, which is additionally significant since it marks the first such acquisition in the history of the Company.

VANCOUVER, British Columbia, Aug. 30, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (“ParcelPal” or the “Company”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce its Q2 2021 financial results highlighted by a 268% increase in gross margin and a 45% lower net loss compared to the same period 2020.

VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce as part of the Company's broader plan to continue to diversify its customer base and execute on additional profitable business engagements, it has signed a new customer agreement over the past week. This new agreement is with a customer that provides wellness products to its clients and also rewards them for steps they take towards their health and wellness via their app. Clients can choose rewards from a variety of local businesses as well. This new customer agreement does not involve a national or large regional chain type customer; however, it should provide for higher margins, which will continue to help the company drive not only its revenue, but also its improvement in operating performance.

VANCOUVER, British Columbia, July 14, 2021 (GLOBE NEWSWIRE) -- ParcelPal Logistics Inc. (the “Company” or “ParcelPal”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce that it has signed a “letter of intent” with a United States delivery service company (“Acquiree”). In its most recent fiscal year 2020, Acquiree generated gross revenues of approximately $4.6M USD.