RE:RE:pump n dumpThe insiders won't sell yet, as they're as desperate, if not more so than some of us bag holders. This company is very much on life support!
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As at April 30, 2018, the Company had not yet achieved profitable operations, had a working capital of $277,160 (2017 - $377,502), accumulated deficit of $347,491 (2017: $212,805), and expects to incur further losses in the foreseeable future, all of which indicate the existence of a material uncertainty that may cast "significant doubt" upon the Company’s ability to continue as a going concern. Realization values may be substantially different from carrying values as shown and these financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. Such adjustments could be material.
And this was "before" the recent legal settlement and undisclosed financial obligation.