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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by halcrowon Apr 02, 2012 6:51pm
246 Views
Post# 19750211

RE: RE: RE: lawsuit

RE: RE: RE: lawsuit

"Sure speaks volumes about the tactics of current management."

IMO, the financials speak even louder. The December 31, 2011, unaudited financials show professional fees of $274,416 and shareholder information costs of $125,462, and these are likely to be related to the AGM.

 

There is a bad debt of $118,178 (likely drilling related), and a bad debt recovery of $150,000, which looks to me like the Vicore write-off of the previous period, and I'm guessing that maybe the other owners of Vicore ponied up their share and made MSQ shareholders whole.

 

 

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