Going Concern:Companies notes "The Company incurred a net loss and comprehensive loss of $2,426,666 for the year ended May 31, 2021 (2020 - $867,705) and had a working capital (deficiency) at May 31, 2021 of $972,213 (2020 - $(705,373)) and a deficit of $29,948,836 (2020 - $27,522,170). These statements have been prepared on a going concern basis, which presumes the realization of assets and discharge of liabilities in the normal course of business for the foreseeable future. The Company’s ability to continue as a going concern is dependent upon achieving profitable operations and upon obtaining additional financing. While the Company is expending its best efforts in this regard, the outcome of these matters cannot be predicted at this time."
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The working capital deficiency aof $972,213 is.a important number to investigate.
What is the CAPEX? OP-CAPEX?
How does this relate to OCF?
Note is also made of a deficit of $29,948,836