Blue Horizon Global Capital Corp C.BHCC

RE:financials

[Pandora]

edmed wrote: just received the latest audit in the mail 
does not paint a very Rosy Picture
seems there is a deficit of about $5 1/2 million
operating funds $104K in the red

they have to start making some money or we are not going to remain a company for much longer in my opinion

I guess their answer is to change us from technology into an investment company and dilute by another 26%

I suppose anything is better than bankrupcy

Boy I really miss my August Industry shares !!!!!

glta 
edmed

Other than a brief surge to 8 cents in early 2021 this has been a true penny stock for the past 4 years.
Every once in a while there is a bounce in the number of shares traded as someone (with a whole bunch of shares?) appears to be flipping between one cent and a half of a cent -- other than that it is a dead duck. Their few "arrangements" all seem to have fallen by the wayside, the last being 3 companies referred to as "Robotic", "BAM", and "1412".

Sensor Technologies (CSE:SENS) signs securities purchase agreements worth $8.83M

Caroline Egan  January 19, 2023

I agree with you that Augusta Industries at the time actually had an operating business but once it left the scene and the new CEO took over it has just been a paper shuffle - for 4 years. Good job if you can get it! When it hit 8 cents on March 1, 2021 I must have been asleep or missed it or I think I would have bailed.

I wonder if Alan Lone is still a player in the party?

https://stockhouse.com/news/press-releases/2018/07/18/mooncor-oil-gas-provides-update-on-its-shareholders-meeting

The name was changed to Sensor in October of 2018 with Jay Viera at the helm and it has been a zero ever since. (oops! make that a half a penny). I think it had a 15 cent value at the end of 2018 and by July 2019 it was at a penny. What a prize.

https://stockhouse.com/news/press-releases/2018/10/24/sensor-to-commence-trading-on-the-canadian-securities-exchange

As you say it is probably just another write-off if it hasn't been already. It's one thing to see your horse coming in last in the race - it's another to see it collapse and die before the finish line! :-))