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Bullboard - Stock Discussion Forum Technologies Sonomax Inc SXHHF

Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.

GREY:SXHHF - Post Discussion

Technologies Sonomax Inc > Financials came out yesterday...
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Post by TheIceMan3 on May 28, 2013 9:56am

Financials came out yesterday...

......doesn't look like they knocked the ball out of the park but then again, I don't think anyone was expecting them to.  Not much stock left at a penny....yikes!

 

Ice

Comment by CurlyMick on May 29, 2013 10:51am
After reading the MD&A and reviewing the statements, the only reason this company currently exists in its current format is to pay two directors (and perhaps other insiders) 12% pa.  A nice return for them that comes from our backsides.   Reorg under protection to take advantage of the Value Link proposition (if it is in fact real) is the company's only hope, but us retail ...more  
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