OTCPK:CNZCF - Post by User
Comment by
Slyincalgaryon Jun 15, 2017 4:03pm
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Post# 26368027
RE:RE:RE:RE:RE:RE:Interim Financials
RE:RE:RE:RE:RE:RE:Interim FinancialsThe egotistical one again speaks incorrectly! This is nothing like a revolving credit facility but not in the mood or have the time to properly explain it to him.....suffice it to say it is a note payable that will be renewed or not renewed on a yearly basis.
Anyone who think the debt has increased again needs to learn to read a financial statement....in June 30th/2016 current liabilities were 1.2M, as of March 31st/2017 current and long term liabilities are 840k....with 775k being the note due to Ray. It is all there for you to read
As for requirements for cash.....Pbay again speaks out his a$$. The Company has a suplus of 400k cash, cash and A/R minus A/P, plus has received a significant amount of warrant money in.To prove my earlier point of a month or so ago....if you check Canadian Insider you will see Ray and three other insiders have exercised and paid for their options yet not sold a single share...."Almost never happens" was his exact quote, well I guess "almost never happens" happened four times in the space of a couple months.
Ray answered your question already, and btw that is APL who does the mob and demob and not CNZ....get your facts straight.
As for the volume, who cares? No one is panic selling and patient investors are waiting for news releases and financials down the road. There are a lot of people who need to be spoonfed like you, and do not have the intelligence to be in contact with the company. The SP has based here for a good period and ready to move on any significant news, whenever that is. I am not a trader so have lots of patience.....you are a shill so you have a timeline....significant difference!
Glta