Related party transactions CEO pay $700,000 in related party transactions last year including $362,000 pay to CEO which is very high for a company with no revenues. Also nepotism with relatives collecting money from the company for their services. Feels like all these financings are used as a personal piggy bank by insiders. I feel things could be run a lot tighter but happy to spend our money on themselves.
Others may disagree but read the year end MD&A and form your own opinion. Look, I still feel the management team is capable but could be a lot more frugal with our money.