OTCPK:GNOLF - Post by User
Post by
riders34on Aug 20, 2016 11:12am
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Post# 25160985
Q2 MD&A is a joke- who writes that garbage?
Q2 MD&A is a joke- who writes that garbage?They basically copied q1. Now they owe over 500k to related parties, meaning to lifschultz family and friends. How do they even pay rent? They talk about employees but don't pay anyone anything. What is the plan to raise money? All assets appear to have been written down to zero value. Meaning they could not likely convince the auditors that the assets will ever generate revenue. And who are our auditors anyways?
There is so much old useless information and blather in it that nobody will finance this company and nobody would work for these yahoos if they read this drivel. With zero cash in the bank how does this company expect to pay for all the work needed to get the LOI to the next stage.? If the ASC or SEC, or any credible financier reads this they will likely fall on the floor laughing.
If I could sell my shares I would but of course they know that so they won't get Gno to trade in Canada ever again and just trade in the OTC where there are no listing rules.