GREY:SFMGF - Post by User
Comment by
Xstorm2on Oct 18, 2016 8:21pm
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Post# 25358533
RE:RE:RE:Trade back soon ???
RE:RE:RE:Trade back soon ???Forgive me if this is a bit of a repeat, with not much use for all that read it. Just recapping what he touched on, most of it we already knew or know.
-Not much news on the auidtors, he said they are "resisting the high fees".
-The TSXV is recommending that Sofame move to the NEX exchange for 90 days to complete the debt restructuring, then back to the TSXV.
-The third quarter has been slower then anticipated, resulting in a lower cash flow, CHUM started in October. Two new orders closed recently as well.
From their, its Sofame doing everything they can to progress the plan while keeping costs low. With the ongoing everyday changes and challenges they encounter, more delays follow.