RE:Financials outBlew through a pile of cash once again and didn't move the ball down the field 1 inch IMHO. They reference the loan as: "The reduction of cash and cash equivalents includes the $1.8 million loan to Fertimar Minerao e Navegao Ltda. (“Fertimar”), a secured interest-bearing loan. Additionally, GrowMax incurred significant professional and consulting fees for the quarter ended September 30, 2018 related to the potential acquisition of Fertimar and the requisition notice received from dissident shareholders. These professional and consulting fees are not in the normal course of the business."
The professional and consulting fees associated with "dissident shareholders" is on them for being such major boneheads. The shareholders had no option but to protect what little remains of their investment. A lump of coal to all Management and Directors!