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Bullboard - Stock Discussion Forum Advantagewon Oil Corp ANTGF


Primary Symbol: C.AOC

Advantagewon Oil Corporation is a Canada-based company. The Company is focused on delivering cost-effective power solutions, which is a core element of StarVolt’s solar skin technology, with a rejuvenated focus on StarVolt’s line of New Energy Vehicles (NEVs) and sustainable mobility networks. Its subsidiaries include Advantagewon Oil US Corporation (USA) (AOC US), Ainslie Oil Corporation... see more

CSE:AOC - Post Discussion

Advantagewon Oil Corp > where did they get 5,043,691 dollars
View:
Post by HEYmoneymoney on May 29, 2019 10:01am

where did they get 5,043,691 dollars

SELECTED CONSOLIDATED QUARTERLY INFORMATION Q1 2019 $ Q4 2018 $ Q3 2018 $ Q2 2018 $ Revenue 166,839 157,062 247,819 239,095 Loss for the period (241,597) (5,285,288) (577,727) (690,882)
Comment by JunoBeach on May 29, 2019 4:30pm
I believe that because they were disposing of the Saratoga property, they had to record a loss on all costs associated with it prior to the sale. Accounting trick to get it off the books to show we don't have the asset anymore. No actual money changes hands and they keep it as a capital loss to offset future gains.
Comment by Bread8 on Jul 12, 2019 7:48pm
Year late & 100k short. Management needs a B12 shot or something.
Comment by HEYmoneymoney on May 29, 2019 7:07pm
251 reads  must be some interest in this company
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