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Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.


TSXV:OTSO - Post by User

Post by QuantumPhysicson Dec 05, 2021 5:11pm
357 Views
Post# 34200460

Accounting Non Compliance

Accounting Non ComplianceThis company has a very deep and serious accounting/audit non compliance. Yes Pandion debt is illusionary. Look to date within 3 years 34M USD has entered the company with shareholder dilution that has been in the negative domain. With 34M USD burnt and no shareholder value (zero) it really does not require a sherlock holmes to understand that there is a fraud at the accounting/audit level coz that artifically covers up the cash outflows. Wesson is just tip of the ice berg. The focus should be present a strong case for keeping the company listed.  
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