GREY:FFRMF - Post by User
Comment by
Gramps5on Feb 08, 2019 4:46pm
60 Views
Post# 29340248
RE:Financial statement
RE:Financial statementCan some please clarify if FFT still owns shares of NTar?
In the recent financials statements on page 13 it says:
In May 2018, the company sold its app portfolio and augmented reality licensing agreement( note 10) toNextech Ar solutions Corp.( Nextech), a related party by way of common directors ( note17), for 13,000,000 common shares of nextech, valued at $1,400,000.
As a result of the sales transactions, the company holds a 35% interest in Nextech. The company has a minority position on the board of Nextech and does not control operational decisions.