RE:RE:RE:news heck I'm only down 90% in my investment. My all time worst decision was putting money in this piece of junk.
CoreyB wrote: Either tit$ up or major dilution coming just to stay afloat, and that is provided that creditors and shareholders allow Ray to keep lining his pockets for doing nothing.
SEDAR:
"Several adverse conditions cast significantdoubt on the validity of the going concern assumption. The Company has generated limited revenue from operationsand incurred a netlossand comprehensive loss of$102,546 during the three months endedSeptember 30, 2019,and as of that date,the Company’s deficit was $16,738,077.These circumstances raise substantialdoubt as to the ability ofthe Company to meet its ongoing obligationsas they come due, and accordingly, the appropriateness of the use of accounting principles applicable to a going concern. The Company’s ability to continue as a going concern is dependent upon raising additionalcapital to meet its present and future commitments, the continued support of certain shareholders and trade creditors,and on achieving profitable commercial operations.If additional financing is arranged through the issuance of shares, control of the Company may change and shareholders may suffer significant dilution."