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Gold World Resources Inc V.GDW



TSXV:GDW - Post by User

Post by 4_horsemenon Nov 30, 2012 11:39am
149 Views
Post# 20666523

$80 000?

$80 000?

They said in their press release they raised $80,000 on a hardship financing, yet they only seem to have some $20,000 in the bank. Oh dear! The hardship financing was 'announced' at $0.025 when the shares were selling at $0.015 or less. $80,000 would have been a lot of shares at any rate, what 3-4 million or so? Why is the number of shares out the same at ~~112 million? Oh dear!

I think most of the 'debt' is 'unpaid salary' for the former CEO, Secretary, and CFO. Hardly consequential in the big world.

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