RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Metalstream, Sonata Capital, Enegra Group and Blockchain LabI am going to post a link from Canamex Gold's last financial statement (Jan. 31st 2020) it is a very interesting read through to see how David Vincent and team have decimated this company. Keep in mind this is the same group involved in the Metalstream. Take particular attention to the notes and see how the digitized tokens went for them.
Two of the three streams Metalstream has in their stable are basically bankrupt (or soon to be) zoombie companies.
CSQ Sedar Financials Guyana Goldstrike has
no assets and
no money. (See GYA's Stockhouse page for this info)
Canamex has almost $6M in debentures (1st in line against the property) and $5M owes to persons within the company. The GOLDUSA and SILVERUSA tokens (exactly like Metalstream) were a complete failure. They paid people (contractors and others) in tokens that are now worthless. Note also the NSR that is left on the Bruner Project from the failed tokens.
Basically GYA and CSQ will not (or at least should not) receive any PFA monies because they are basically zoombies.
Of course Metalstreams would NOT update anybody on this information. BECAUSE THEY DON'T HAVE TOO.
The only potential receiver of funds, may be Altimira. My cautions are that if that can't come up with the first $1M (and now have an NSR on the properties) how could they come up with the rest.
Hopefully ALTA's sale of the Crepori properties keeps them funded until these issues are resolved.
I still like Altamira and truly hope they can come through this.
They have been a good team trying to bring a small operation together for some time.
It is not easy.
Cheers