International Zeolite Corp CNZCF

Primary Symbol: V.IZ Alternate Symbol(s): IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development, and retail and commercial sales. It has a Zeolite project in the Bromley Creek area located near Princeton, British Columbia (the Bromley Creek Zeolite Project). It holds 640.21 hectares of mineral claims leased from the British Columbia government. The Bromley Creek Zeolite Project consists of a total of one mineral lease and four mineral claims. Its products include NEREA and Natural Zeolite. NEREA is a material and method of direct crop and plant agronomy, offering an alternative to the hydroponics technique. Its products have applications in agriculture, industrial and home use.

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International Zeolite Corp > Email from Ray

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Post by tzadoz2014on Nov 02, 2017 6:05pm

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Post# 26897445

Email from Ray

Hello
The way we have been recording our Royalties and Commissions are reported in the statements. These are net amounts to the Company, the Royalties are deducted from the costs on the deposit.

We will begin to record "GROSS SALES" as we realize that's what the shareholder is looking for. Upon the closing of the Earth Innovations aquisition we will commence to record retail and wholesale gross sales through the 100% owned sub.

Thank you

Ray Paquette

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