RE:RE:RE:RE:RE:RE:BlackjackDidnt see the article, but FSD at one point gave millions to Solar to develop cannabis from algae.
Another failure in planning -never understood thgat science project.
Solarvest is in rough shape now:
"As of January 31, 2023, the Company had cash and cash equivalents of $90,421, a working capital deficit of $1,752,397 and an accumulated deficit of $17,518,048. The Company also had a net loss of $977,398 and negative cash flows from operations of $716,328 for the six-months ended January 31, 2023. Due to limited cash flows from operations, the Company and its subsidiaries have missed making vendor and interest payments. Refer to “Liquidity and Capital Resources” for additional information on the Company’s cash position. As of the date of this MD&A, management does not believe that the Company’s cash balance is sufficient to meet its general working capital requirements and contractual obligations for the next 12 months.
Debt refinancing of the Company, the raising of additional capital,"source sedar.com