International Zeolite Corp. V.CNZ

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wow news is hard to come by

[Slyincalgary]

King and Whitesail, that note is in the May 30th financials but is a standard clause when a company is pre-revenue, or I guess to be truthful it was at that point. I am sure we have all read the NR which stated that sales have commenced. It is also interesting that the poster chose to cherry pick only those words and not the whole clause, a little fear mongering if you ask me.

With very little research it is easy to see that CNZ has done private placements since those financials and their cash position is significantly different at the current moment. Also with CNZ now operating on a royalty + percentage of gross model, their cash position will only get better with time as sales increase.

The deficit should be looked at as a positive currently as it means CNZ will be in an advantageous tax position over the next few years as sales and hopefully the blasting tonnage per year grows.

People need to read the whole financial statement and also track current events. The company is in a dramatically different position that it was when these May 30th financial statements were released!