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Elixxer Ltd. V.QBA


Primary Symbol: V.ELXR

Elixxer Ltd is a Canada based company engaged in growing and producing medical-grade cannabis. It focuses on making investments in Nutraceuticals, Cosmetics, Pharma, and Cultivation and Extraction sectors.


TSXV:ELXR - Post by User

Comment by Cashinongreenon Jan 20, 2019 11:24am
151 Views
Post# 29256891

RE:I'm thinking a mass runs coming

RE:I'm thinking a mass runs comingI'll agree in part that a mass run may indeed be coming. The masses running for the door when the annual financials are released. I've stated here a # of times that your Chairman is not here to build a business. Take the time necessary to go through the financials if you're able to stomach them. You will see all sorts of deals that continue to hamper this. It is an absolute gong show. I'm not here bashing the company, they do a tremendous job of that themselves. Sad part is for those who have not realized it yet, the company is not set up to succeed. The following should give you an indication,

] Compensation of key management personnel and Board of Directors
Excluding the amounts reported above, during the three and nine-month periods ended June 30, 2018 and 2017, the Company recorded the following compensation for key management personnel and the Board of Directors:
Three-month period
ended June 30
Nine-month period
ended June 30
2018
2017
2018
2017
$
$
$
$
Directors’ fees
104,193
49,107
509,351
164,111
Management fees
37,500
24,000
90,000
32,000
Stock compensation
7,758,832
64,378
10,140,577
191,937
Total
7,900,525
137,485
10,739,927
388,048


Sad stuff
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