GREY:PMBJF - Post by User
Post by
beenaround2012on Jul 27, 2012 10:11am
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Post# 20158585
Dontask
Dontask Dontask this is what I have right now. Richard has been keeping the company going with his own money ( rent, phones, fillings travel, ) remember when he takes shares for debt he has to pay tax on it at the price he got them at. So if he sells for less REV CAN will still make him pay tax on what he got them for. I had a quick look at sedi his trading (08 to now ) and the financial ( 08 to now ) and it looks like at times he has sold below the price he got them at a couple of times. Add the financials with the trading and I think it may be true that he has put the money in to keep this company going. The woman ( sorry I don't have name in front of me mirov something ) is not going to get a salary this year and will help out as a consultant. I will try for more when I have the time.
Also I think we should have news next week. Don"t forget things can and do change
Good luck to all