So just the quick 4 examples below aren't failures ?? They only cost $100,446 of shareholder money and 1,968,750 shares in additional dilution and given back for free ?
Direct from Sedar Canada Oct 02, 2019 :
International Business and Travel Opportunities LLC (“IBTO”) The Company acquired a 19% interest in IBTO, a private Florida based travel agency. As consideration under the agreement, the Company issued 500,000 shares valued at $10,000 and paid $10,000. Subsequent to May 31, 2019, the Company sold the interest back to IBTO for $Nil, resulting in a loss on investments of $20,000. Third Circle Publishing LLC (“Third Circle”) The Company acquired a 5% interest in Third Circle, a private Florida limited liability company and Miami-based publisher. As consideration under the agreement, the Company issued 500,000 shares valued at $77,500 and paid $50,814. Subsequent to May 31, 2019, the Company sold the interest back to Third Circle for $Nil, resulting in a loss on investments of $128,314. THCG AND TECH LLC (“THCG”) The Company acquired a 10% interest in THCG, a private company incorporated in the State of Delaware. The Company issued 468,750 shares valued at $96,094 and paid $19,632. Subsequent to May 31, 2019, the Company sold the interest back to THCG for $Nil, resulting in a loss on investments of $115,726. Duales Inc. (“Duales”) The Company acquired a 10% interest in Duales, a private Ontario company that specializes in Caribbean remittances. The Company issued 500,000 shares valued at $102,500 and paid $20,000. Subsequent to May 31, 2019, the Company sold the interest back to Duales for $Nil, resulting in a loss on investments of $122,500