Not to contradict you but according to their last financial statements they had $110K in Cash but had $11.2 million in Trade and Loans Payable. And that was as of end of Feb 2023. They tried to raise $1.3 M in a PP in summer and managed to eke out $1.1 M
Then there was the lucrative little side deal/loan business of a certain insider that earned him a cool $200,000 "fee" for a 45 day (!?!?!?!) loan to his own company.
"On April 24, 2023, the Corporation announced the execution of a loan agreement with a director of the Corporation whereby the Corporation received USD$2,000,000 (the “Loan Agreement”). The Corporation received the loan in two tranches: USD$500,000 due by April 24, 2023 and the balance of USD$1,500,000 due by May 1, 2023. The loan is unsecured, bears an interest fee of 10% and is due forty-five (45) days from the date of the execution of the Loan Agreement. The Corporation and the director agreed to convert the amount of USD$2,000,000 and the 10% interest fee of USD$200,000 into 26,922,546 Common Shares "
That little fee for a 45 day loan works out to an annual interest rate of over ... 80% !!!!!!!!!!
To an insider.
Bravo gang, well done ....