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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

Comment by Slyincalgaryon Nov 03, 2017 12:03pm
78 Views
Post# 26901092

RE:RE:RE:RE:RE:RE:Dribble Bay

RE:RE:RE:RE:RE:RE:Dribble BayThat is incorrect Corey, look at the news release on Tuesday:

"the Company received $25,080 in royalties and commissions on 2200 tonnes of zeolite shipped from the mine site in Princeton as of June 30, 2017"

They sold 2200 tonnes in that quarter. The reason he doesn't report "gross revenue" is because CNZ does not earn that from the sales.....they earn royalties and commissions. What was not in the statements, and myself and others have requested that from management and I am pretty sure you will see it with Q1 earnings, is accrued commissions earned on those sales. No doubt the release could have been better and I am expecting it will be next time. I am not sure they can report what the gross revenue that APL received from the 2200 tons was, considering they are a privately owned company those numbers are not CNZ's to report.

Thought we were trying to be a bit more civil as opposed to name calling but your last line shows you haven't matured one bit. No time to trade insults with you, plus you make it way to easy that it almost happens on it's own, as I am headed to the airport again and not back til Sunday. Talking financials and using proper terms is not your strength.....quit while you are behind.

You and the other clueless wonders can have the board for a few days haha!

Glta



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