Opaque year end financials I am surprised about this. Hasn't anyone else noticed this glaring ommission in the year end financials?
There is NO disclosure whatsoever of the actual cash flows with regard to the revenues generated by the sale of that one trainload of coal and, in particular, the very significant payroll costs with the 100s of miners having been on the job for most of last year.
So did CLINE just give away that trainload of coal for free and did all of the 100s of miners work for free or IOUs?
This of course would not be a pretty picture; however, keeping these important details totally out of the year end financials seems like a pretty unusual ommission even if CLINE is still calling itself a "Development Stage Company"