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