The facts of lifethe financial statements were posted on sedar on September 29th
I have never seen an income statement like that...ever. Normally the are revenues, followed by expenses. In this case there are only expenses. No revenues...nada
A few months ago, some posters were talking about a low monthly burn rate (using up cash). Some suggested we didn't use up all that much cash. In my view that was complete bull****.
some expenses for the last 3 months:
Audit and accounting: 16,500
Consulting Fees: 38,048
Legal Fees: 66,282
Management Fees: 67,100
Marketing Expenses: 79,407
Share-based compensation: 144,200
Travel&Entertainment: 6,555
Vehicle use: 4000
They've paid themselves, they've paid for the marketing videos, they've paid for the promotion
now they're all silent
those are the facts of life
Don't listen to a word I post, don't listen to a word they post. Read for yourself, then you decide