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Compliance Energy Corp CPYCF

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining Project (Raven Project).


GREY:CPYCF - Post by User

Post by coalbadon May 30, 2014 6:45pm
214 Views
Post# 22617024

Q1 report posted on SEDAR

Q1 report posted on SEDAREnd of Q1 with a NEGATIVE working capital of $747,000 compared with working capital of $669,000 as of March 31, 2013. Just one of the "low-lights" of the Q1 report. Better buy boys since they expect the private placement to close today ( May 30, 2014) and shares will be diluted by an additional 16,000,000 shares. The company now says it will re-submit its Application in 2014...... how's that for being specific. I guess their previous statement of submitting by the end of Q1 went out the window. This lackluster performance and they continue to re-elect  themselves to the board. Enjoy the ride boys!
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