GREY:CRMXF - Post by User
Comment by
duediligencedoneon Apr 12, 2013 9:20am
83 Views
Post# 21245740
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: .0
RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: .0 Curvature,
Do you know how to read ? Just asking.
First off, they don't already have a working capital deficiency as it clearly states "The Company has sufficient cash on hand to continue day to day operations until the end of April 2013."
-
Nonetheless, they clearly state that they have all intentions to move the company foward as it then states "The Company also expects to have a working capital deficiency then but plans to generate sufficient amounts of cash and cash equivalents in the short and long term, to maintain the Company’s capacity and meet obligations as they become due, by reviewing all options including the sale of one or more properties, a joint venture of one or more properties, or an equity financing. The Company will select whichever funding options are available and are in the best interest of the shareholders."
-
Plenty of companies operating on the TSX Venture work with capital deficiencies.