Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Safe Supply Announces Signing of Definitive Agreement to Acquire Drug Lab 118 (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cequence Energy Ltd Common CEQXF

Energy Oil & Gas E&P


GREY:CEQXF - Post by User

Cequence Energy Ltd Common > Spoke to CFO Mr. Mowbray
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(20)
•••
Comment by mike49on Apr 14, 2020 8:53pm
101 Views
Post# 30909820

RE:RE:RE:RE:RE:RE:RE:Spoke to CFO Mr. Mowbray

RE:RE:RE:RE:RE:RE:RE:Spoke to CFO Mr. MowbrayIf  cqe wants to provide renunciation (tax credit) to investor(s) then money from somewhere has to be spent on eligible expenses before deadline. Original funds from flo-thru aren't held in some kind of escrow, however pretty dangerous to use the monies for working cap,etc.
Complicated but basically the liability is recorded as due to investors of flo-thru unless renounced.
Cqe guidance this year in aif was for near zero spend.they say bank line reaffirmed but for how long and have they drawn on it now? Have to wait for q1 md&a. Personally, outside of simonette, I'd be worried about the jv partners.
Back in the day I was part of group that had to sue a best-left-unnamed outfit (the origin of my shite list btw) over a flo-thru issue.won for cash,settled for shares.argh all around.
Stay safe
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities