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BRIEF-Alarmforce provides update on the status of ongoing review

Nov 23 Alarmforce Industries Inc

* Alarmforce provides update on the status of ongoing review

* Alarmforce Industries says reports that it has substantially completed its review of customer contracts and accounts

* Alarmforce Alarmforce Industries says further analysis required before it can be determined whether restatement of historical financial statements will be required

* Alarmforce Industries says anticipates decision regarding whether a restatement will be required will be made by end of second week of December 2016

* Alarmforce Industries says evaluating impact, if any, of assessment, other possible employee tax liabilities in connection with classification of independent contractors

* Alarmforce Industries says continues to engage with Ontario ministry of finance on proposed employer health tax assessment of incremental taxes, penalties Source text for Eikon: Further company coverage:

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