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Targeted Microwave Solutions Inc V.TMS.H

Alternate Symbol(s):  TGTMF

Targeted Microwave Solutions Inc. is a Canada-based industrial clean technology company. The Company is engaged in the business of developing patented microwave-based application technologies to dry, decontaminate, physically upgrade, and fully eliminate or reduce environment harming emissions. The technology has specific application to mass-scale use of industrial aggregates, energy producing biomass, low-rank coals, and other materials for use by power utilities and industrial companies. The Company is a microwave process developer specializing in clean emission, high-throughput industrial drying solutions. The core of the Company’s technology is a proprietary microwave delivery and process control system designed to provide uniform moisture reduction across a range of industrial aggregates, including those with bulk densities, particle sizes and flow characteristics.


TSXV:TMS.H - Post by User

Targeted Microwave Solutions Inc > Future
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Post by junior604on Dec 01, 2017 3:42pm
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Post# 27074875

Future

FutureAccording to the filed financials for the company (November): - the company deficit is $15 million - there are two loans for $1 million each that are due in full on March 31, 2018 Would this push them in bankruptcy? A quote: These material uncertainties may cast significant doubt upon the Companys ability to continue as a going concern. Just to show how far this company has fallen, exercisable warrants prices on Sept 30, 2017 were $2.25.
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