TSXV:VIV.H - Post by User
Comment by
DrJayseron Aug 26, 2020 2:16pm
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Post# 31456774
RE:RE:RE:RE:RE:RE:FARMER HERE
RE:RE:RE:RE:RE:RE:FARMER HERECeo was paid 412,000$ in F19, owns 266,000 shares !
I wonder if StoneHead has more shares than him?
Avivagen has a truly disruptive compensation committee.
Groome the ex-CEO was paid 255,000$ in 2016, somehow same job in 2019 is worth 62% more!
Material uncertainty related to going concern We draw attention to Note 1 in the financial statements, which indicates that the Company incurred a loss during the year ended October 31, 2019 and had a cumulative deficit as at October 31, 2019. As stated in Note 1, these events or conditions, along with other matters as set forth in Note 1, indicate that material uncertainties exist that cast significant doubt on the Company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter....
It did loose $4.8M in 2019 and 2018 also.
Gross Margins on sales were 525,000$CAD in 2019 compared to $653,000 CAD in 2018.
Great Job Team