TSXV:MXL.H - Post by User
Comment by
Atouchofclasson May 26, 2016 2:25pm
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Post# 24907485
RE:happy alright
RE:happy alrightMonty, not sure where you got this 7 million number from. I certainly did not say it. I will say that you can find out who the money was owed to by seeing which director had to abstain from the vote to switch the debt to equity. The debt was most likely for "management and professional fees incurred by the company" basically directors paying themselves. (see note 11 in Consolodated Financial Statement)
- Class