GREY:BIXZF - Post by User
Post by
gadfly222on Nov 15, 2012 11:06am
197 Views
Post# 20604461
More waste of shareholders money -a double hit
More waste of shareholders money -a double hit From the MD& A: As a result of additional scale-up engineering in 2012, the Company identified certain additional production assets which it determined would no longer be required in the context of the planned production environment. As a result, inclusive of asset purchase prices, engineering fees, and installation fees, and net of proceeds of sale, the Company recognized an impairment expense in Q3 2012 of $1,236,230.
What are these guys being paid for?