OTCPK:SPLID - Post by User
Comment by
GrahamBon Mar 25, 2021 1:27pm
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Post# 32876299
RE:RE:RE:RE:News Flash
RE:RE:RE:RE:News Flashsmartinvestor9 wrote: Maybe you should take a look at the recent quarterly instead of using the old one.
Yes-saw those-similar summary listed below-although improved
Still, I focused on the audited finacials first-I trust those more, and like th yoy comparisons.
Here was the key part from the most recent quarterlies
As at October 31, 2020, the Company had working capital deficiency of $13,418,270 (July 31, 2020 – $20,563,341), spent $1,308,464 (2019 - $369,368) of cash for operating activities, had not yet achieved profitable operations, had accumulated losses of $71,423,353 (July 31, 2020 - $69,546,199), had shareholders' deficiency of $11,644,339 (July 31, 2020 - $21,899,403) and expects to incur further losses in the development of its business, all of which describe the material uncertainties that cast significant doubt upon the Company’s ability to continue as a going concern. www.sedar.com