GREY:CHALF - Post by User
Comment by
SenorLegumeon Dec 03, 2017 5:16pm
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Post# 27081421
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:another buyout?
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:another buyout?
PLease check the royalties GLH will recieve in Q4 this year. 1.5m in royalties collectible for 2016 and 2017.
What do you mean will recieve? I check what was recieved in reality, not promised. Now that you can see plain as day that GLH is not getting paid anything but chump change for BMF, can we agree this was a huge loss to shareholders for an investment made in 2015 of 21 million Canadian to purchase BMF?
Further to this: In the past GLH has had to go back and change their "unaduited financials" because of many issues regarding GLH and disclosure. How do you like me now? SenorLegume wrote: Honest is BMF is not owned by GLH and its been forced upon the managment to point this out to shareholders unlike in the past. If Washington State does not ever accept out of State ownership, it never happens. In the meantime, the damage is done. Original shareholders back in 2015 lined up to buy convertible debentures totalling 21 million Canadian dollars to buy BMF. The return on that investment is a disaster wouldn't you say? That's the truth.
Last financials royalties of 50k were paid. That's the truth.
Many quarters no royalties at all were paid, that's the truth.
Shareholders bought a dead horse, that's the truth.
Revenues are not profit, that is the truth.
NO amount of revenue will help GLH, they need profit.
They can not continue to dilute shareholders by a factor of 10 every 2 years and think anyone but a trader will buy these shares.
Truth.