Has anybody bothered to read the sedar filings?MOST of 2018 investments are recorded with a full impairment loss and written down to 1USD. And then there is this:
4. Advances Receivable (a) As at February 28, 2019, the Company advanced $287,000 (2017 - $287,000) to an unrelated party for subscriptions to common shares which has not been finalized. (b) As at February 28, 2019, the Company advanced $82,000 (2017 - $nil) to an unrelated party for subscriptions to common shares which has not been finalized. (c) During the year ended August 31, 2018, the Company advanced $325,000 (2017 - $nil) to an unrelated party for an investment into an asset. The investment never materialized, and the Company recorded a full write-down of $325,000 as at August 31, 2018.
WOW