Dec 16 (Reuters) - AlarmForce Industries Inc AF.TO
* Intends to restate its financial statements for year ended October 31, 2015 and first and second quarters of 2016
* AlarmForce Industries Inc says aggregate amount of revenue that was incorrectly earned is not expected to exceed $3.5m for those periods
* AlarmForce Industries - believes that its current liquidity and cash flow is sufficient to fund cost of the ongoing review and its expansion plans
* AlarmForce Industries-historical financial statements,related MD&A for years ended October 31, 2013, 2014, 2015 & Q1, Q2 2016 should not be relied upon
* AlarmForce Industries -will be required to cancel up to 3,400 subscribers as at Q3 2016 for subscribers who should have been cancelled in prior periods
* AlarmForce - expects to be able to provide details of number of affected residential contracts, amount of restated revenue and expenses when it reports
* Company does not anticipate any change in dividend policy at this time
* AlarmForce announces decision to restate certain historical financial statements and provides update on status of Q3 filings Source text for Eikon: ID:nCCN4b9KW9 Further company coverage: AF.TO