WhereDaily News: GuestLogix Announces Internal Review of Its Accounting Policies
TORONTO, ONTARIO--(Marketwired - Dec. 16, 2015) - GuestLogix Inc. (TSX:GXI), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today announced that a preliminary internal review initiated by the CEO and the board of directors of the Company in respect of a/certain contract(s) has revealed that the Company may not have been following proper revenue recognition accounting policies.