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International Zeolite Corp. V.CNZ


Primary Symbol: CNZCF

"Canadian Zeolite Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties."


OTCPK:CNZCF - Post by User

Post by tzadoz2014on Nov 02, 2017 6:05pm
123 Views
Post# 26897445

Email from Ray

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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