GREY:CCTXF - Post by User
Post by
ctblizzardon Aug 09, 2017 9:17am
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Post# 26560009
3 weeks for financials
3 weeks for financialsIt seems like forever to wait for news here. The extended time given for Annuals is always the dead period but that time is coming 3 weeks from today.
While the annual financials for the year ended April 17 wont tell us much at least its something. We will have an MDA and see how the last quarter of the fiscal year went.
My predictions based on the first 3 quarters released are for sales of about 1.2-1.3 million for the year vs 400k last year and for a huge loss, little cash on the balance sheet.
Assuming a private placement gets done and KR takes some and the price stays at the .7 cents he will effectively average down to about the same level Eric Lebouef got in at.
That means for their to be some sense to these investments (if they happen) he will be looking for 7.5 to 10 cents on a move (or split 75 to 1.00) for a 3 to 4 bagger.
In any case towards the end of this week ill step on the inquiries bandwagon again and see what I can find out on my end.
Good luck to everyone. Hoping KR wants to give himself a wedding present and some cash with something that works here!