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CAN FINANCIALS INCOME CORP T.FIC

"Can-Financials Income Corp is a mutual fund corporation. Its investment objective is to provide shareholders with quarterly distributions; the opportunity for capital appreciation and lower overall volatility of Portfolio returns."


TSX:FIC - Post by User

Post by fireshoton Apr 02, 2007 7:28pm
62 Views
Post# 12534557

almost tits up...

almost tits up...this company has no assets - the assets it owned in china were forced into bankruptcy in 2005. thus, it barely qualifies as an on-going concern - it's only ability to pay its fixed obligations is by issuing more equity. deficit of $15.8mm - shareholders negative equity of $1.780mm
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