re: clockworkredIs FLT there. Have they got that toaster delivery contract for indigenous communities yet.. Loss of 5.305.000 for the last quarter. Go to sedar and see what a 150 million drone company is doing to lose money for you. Sorry for the bad paste. Go to SEDAR and check out there august 2018 financials. Selling on potential and a glorious future which I guess UAV does not have in the UAV space.
DRONE DELIVERY CANADA
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE LOSS (EXPRESSED IN CANADIAN DOLLARS) (UNAUDITED) Three Months Ended Six Months Ended June 30, June 30, 2018 2017 2018 2017 OPERATING EXPENSES Advertising and promotion $ 995,144 $ 114,654 $ 1,827,190 $ 333,788 Amortization 4,628 3,919 7,496 7,838 Consulting (Note 10) 179,141 201,646 548,704 807,456 Interest and bank charges 1,998 989 2,923 4,798 Office and general (Note 10) 210,795 293,437 549,523 421,807 Professional fees (Notes 10) 28,817 86,100 46,206 147,889 Shareholder information 27,633 38,328 106,568 69,835 Research and development 1,182,026 811,026 2,241,089 1,114,148 Share-based compensation 2,675,759 - 4,182,011 - NET LOSS AND COMPREHENSIVE LOSS $(5,305,941) $(1,550,099) $(9,511,710) $(2,907,559) Basic and diluted loss per share (Note 9) $ (0.03) $ (0.02) $ (0.06) $ (0.03) Weighted average number of shares outstanding - basic and diluted 161,337,309 100,821,633 154,655,573 95,905,431