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Assure Holdings president resigns

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Assure Holdings president resigns

Matthew Willer resigned as president and corporate secretary of Assure Holdings Corp., effective March 21.

Assure Holdings said Willer, who previously stepped down from the company's board and the audit committee after the resignation of its auditor EKS&H LLLP, is no longer with the company.

Following a dialogue with its former auditor, the company came to know that, among other things, Willer failed to provide a draft of the financial statements of the company for the quarter ended Sept. 30, 2017, and used his position as a fiduciary within the company to access funds in excess of those due and owing to him.

In addition, Assure CEO Preston Parsons said the company's 2016 audited financial statements are not in question by the former auditor and it will engage a new auditor to complete its 2017 audit.

The board has resolved that the position of president of the company is not immediately required from an operational standpoint and that the current management team of Assure are appropriately suited to lead the company and execute its business plan.