Bewhere Holdings Inc V.BEW

Alternate Symbol(s): BEWFF

Technology Electronic Components

BeWhere Holdings Inc. is a Canada-based mobile internet of things (M-IOT) solutions company. The Company is focused on designing and selling self-powered hardware with sensors and software applications. The Company develops mobile applications, middleware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two markets, such as Asset Tracking, and Connected Sensors. Its Asset Tracking consists of remote location tracking various non-powered fixed and movable assets such as trailers, dry vans, and others. Its Connected Sensors remotely track information on assets for water pressure, water detection and soil moisture. The Company also offers solutions that can be fully integrated with existing software, and white-labeled. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms.

TSXV:BEW - Post by User

Bewhere Holdings Inc

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Comment by hrgoyalon Nov 22, 2019 2:56pm

146 Views

Post# 30383521

RE:RE:RE:a/R

See the response from BEW, VP Invester Relation after Q2

The amounts are for six months ending June 30.

Thank you,

Margaux

On 27 Aug 2019, at 16:03, Hari Goyal <harigoyal@yahoo.com> wrote:

As per MD&A

1). Paid $116,731 salaries to the CEO of the Company during the period ended June 30, 2019 (2018 - $77,885).

2) Paid $116,731 salaries to the COO of the Company during the period ended June 30, 2019 (2018 - $77,885).

3) Paid $106,860 professional fees to the CFO of the Company during the period ended June 30, 2019 (2018 - $40,000).

Is the amount paid for Quarterly, half yearly or yearly?

Thanks

sportguy98 wrote: The CFO doesn't make $230k per year. Not sure how you calculated that, but it's wrong.

As per the Q3 financials, in note #11:

"For the nine months ended September 30, 2019, paid $140,610 professional fees to the CFO of the Company (2018 - $70,000)."

That equates to about $186k per year. It also includes bonus compensation so that's not JUST base salary -- I believe the bonus was paid out in Q1 this year. The management information circular filing corroborates this.

I thought Q3 was a great quarter and I look forward to next ones where the growth will certainly continue.

hrgoyal wrote: I myself wonders that BEW has a full time CFO, paid $230K annually and still have 20% hardware sale due over 90 days and about 10% as bad debt.

Management has to tighten the belt.

123600 wrote: When will these small co’s Realize they can by reseivables insurance cheap that protects payment
stupid