Bad news - how much more is there???Rememeber in California MGW still hasn't received one penny from the Emerald Farm Collective???
Accounts receiveable is all the sales this company has ever had.
The Company currently relies on a single customer, Emerald Farm Collective ("Emerald"), to generate its revenues. As a result, the Company is economically dependent on Emerald.
During the three months ended March 31, 2017, the Company generated leasing fees of $119,790 (same period last year - $nil) and consulting fees of $99,825 (same period last year - $nil). As at March 31, 2017, other receivable includes $490,032 due from Emerald (December 31, 2016 - $250,486).