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Metaguest.AI Announces CRA Review of Payroll Remittances
TMX Newsfile· 2026-03-09 13:59
Core Viewpoint - Metaguest.AI Incorporated is undergoing a review by the Canada Revenue Agency regarding its payroll remittances for the 2024 and 2025 taxation years, resulting in an outstanding amount of approximately $536,000, which includes interest and penalties [1][2]. Group 1: Financial Obligations - The total amount owed to the CRA is approximately $536,000, of which about $112,000 has been settled through available CRA refunds [2]. - The amounts in question pertain to historical payroll remittances, and the company confirms it is current with ongoing payroll remittances [2][3]. - The company is working cooperatively with the CRA to resolve the outstanding balance and has reflected its best estimate of amounts owed in its financial records [3]. Group 2: Company Operations - Metaguest.AI continues to operate its business normally despite the ongoing review and financial obligations [3]. - The company focuses on enhancing the guest experience in the hospitality sector through advanced AI solutions, offering a comprehensive guest engagement ecosystem [4]. - Its platform includes features such as on-property e-commerce, real-time service requests, mobile check-out, personalized in-room controls, and a multilingual virtual concierge, all designed to improve efficiency and customer satisfaction for hotels and short-term rental operators [4].
Metaguest.AI Reminds Shareholders of AGM, Reaffirms $1,000,000 Financing Facility and Notes Recent Media Features
Newsfile· 2025-09-18 20:00
Core Viewpoint - Metaguest.AI is actively engaging its shareholders ahead of the upcoming Annual and Special Meeting, while reaffirming its $1,000,000 secured loan facility to support its operations in the hospitality AI sector [1][3]. Group 1: AGM Details - The Annual and Special Meeting of Shareholders is scheduled for October 1, 2025, at 10:00 a.m. (EST) in Toronto, Ontario [2]. - Shareholders of record as of September 1, 2025, are entitled to vote, and proxies must be submitted by September 29, 2025, at 10:00 a.m. (EST) [2]. Group 2: Financing Facility - The $1,000,000 secured loan facility was initially announced on May 9, 2025, and has been reaffirmed multiple times since [3]. - Each tranche of the facility carries a 12% annual interest rate and includes a 12% loan advance fee payable in Class A Common Shares at a deemed price of $0.10 per share [3]. - The loans are secured by a general security agreement over the company's assets and have a 12-month term, which can be extended for an additional six months [3]. Group 3: Market Visibility - Metaguest.AI has gained increased visibility in the market, being featured in the CSE Magazine Technology Issue and Capital Magazine's Spring/Summer 2025 Edition, highlighting its role as a leading innovator in hospitality AI [4]. - The company's flagship platform enhances guest experiences through advanced AI solutions, offering features such as on-property e-commerce, real-time service requests, and a multilingual virtual concierge [4].