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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > Mining License to be granted very soon...
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Comment by gaggersezon Jun 12, 2013 6:52pm
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Post# 21517462

RE: RE: Mining License to be granted very soon...

RE: RE: Mining License to be granted very soon...

Fertigagger.... there is only 1 stand out statement in Lotus's post.... below.

We also have well over $20 million in the bank, so we’re well-funded

 
Only 20 million left.... from around 65... (feel free to correct me on the 65) The burn rate seems very high.
VERY VERY HIGH.... why are they goin thru the cash so fast. I don't pay too close attention since I am on the sidelines... but why such a fast burn rate? Please enlighten me..... thank you. I thought it'd be around 35 million... not just over 20?????? All the paid promo is killin the cash is king - we are sooooo safe idea and so smart.
 
Please prove the necessity of the burn thus far.... thx lil buddy... :-)
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