Are they intentionally diluting shareholders' investments, lacking in intelligence, or is there something else to the story? Track the share price of the company since these significant expeditures were incurred and tell me what added value has occurred. Unbelievable.... yet again.
As part of today's update, the following was noted:
The Company has entered into two consulting agreements with Market IQ Media Group Incorporated ("Market IQ") and VibraSlim Sales Inc. ("Vibraslim'). Each of the consultants were retained to provide digital marketing primarily using Google ads, digital media, corporate advisory, branding and strategic business services to the Company over a four-month period for consideration of $400,000 to Market IQ and $100,000 to VibraSlim. The Company prepaid the total amount of $500,000 to these two entities using cash on hand. Market IQ is located in Vancouver B.C. and owned by Brady Middleditch . VibraSlim is located in Vancouver B.C. and owned by Chris Jackson .