Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by jjeerryyon Nov 02, 2017 6:28pm
128 Views
Post# 26897552

RE:Email from Ray

RE:Email from Ray
tzadoz2014 wrote:

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



This is why I would never call or write the company. I would be left wondering, is the statement I  highlighted dumb or a con?
 
Personally I would expect shareholders would want to know gross sales. That to me would be high among the first things to want to know. I have to ride with a big 'Q' mark over that letter. I am left to think gross sales are rather bleak or non existent or they would have been included.

<< Previous
Bullboard Posts
Next >>