Third quarter Those are some very sad looking numbers. Even walking away from paying the debenture in full changes very little. The acounts payable is so high it will never get payed on time or at all. The high number in customer deposits at the end of sept. would seem like deliveries are behind. I see the goodwill is all but gone and the trust fund is on the rise. A little house cleaning.
Shareholders must feel like they got led down the garden path. Edmonton show room is too little tooo late. Millions of dollars wasted. The total to buy the Ontario assets was close to 3 million then sell it for less than a million plus the money lost to run it for those years and leave the inventory behind Ouch.