RE: RE: financial statementAll the expenses that you've highlighted in red were a "one shot deal".... As per a previous post, the rental office fees of 50k$ (?!?!?! geeezzzz) were paid to repay expenses related to OX. No remuneration, except to those who are administrators..., to the Directors has been paid in the last 5 years; they did a so poorly job that they couldn't used their stock options or sold their shares to make some money...
So for me, there's NO SIGN of respect in those "expense cuts".... What could be a significant sign of respect would be that the administrators are going to have a base salary and a bonus compensation related to the company & stock performance. I know a lot of accountant who would do the actual CFO job for around 50k$... Basic financial statement, no revenus and few expenses/ AP, that's asking to put what, MAX 10 hours weekly?!?!?! So 153k$ for 6 months is PURE steal IMO....
And the biggest sign of respect to the shareholders would be Levesque RESIGNATION!!! Come on, in 20 years, he proved that he can't runned this company.... But as we say in french, "pour ajouter l'insulte à l'injure", we're paying 300k$ to this clown....