TSXV:NGH.H - Post by User
Comment by
Bourkion Jan 20, 2018 8:19am
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Post# 27400053
RE:NGH Outlook From Last MD&A
RE:NGH Outlook From Last MD&A
As investor why should invest in ...???....Fiscal year 2018 CIE expects to have no revenues
I try to get info about NGH .... nothing except Sedar
As at September 30, 2017, the Company has cash of $2,074,204, amounts receivable of $668,670, accounts payable and accrued liabilities of $2,398,059 with no debt. During fiscal 2018, the Company expects that it will have no revenues and no significant fixed expenses, except for certain general and administrative expenses required to maintain the corporate status of the Company and monetize the value of its residual assets. Current market conditions to raise capital given the Company’s historical cash consumption have made the likelihood of continued funding at favourable valuations very uncertain.