TSXV:CSX.H - Post by User
Post by
Getagrip41son Sep 29, 2023 10:26pm
151 Views
Post# 35662935
Last day to uptick and nada! Wow, powerless!!
Last day to uptick and nada! Wow, powerless!! 100 shares traded today. $10 worth hahaha unbelievable.
I was honestly expecting that offer at .10 to be bought and then maybe touch whatever is after that, probably .105 or .11...the trade would have been worth under $3g to uptick it to help us out mentally for the long weekend. Although that offer at .10 probably has more behind it wink wink...
up2005, thank you for helping shed some light to others on the reality of this thing. I agree the website is outdated and guess who is in charge of that, the captain's brother or cousin who shares the same name and also puts himself 3rd in line and n the management team. Why can't he update it? He probably is way over paid too but has nothing to update it with. Fluffy feel good news releases with no backbone just cost money and make people mad.
All interested shareholders, call the company and ask 2 questions
1. How much money is in the bank?
2. What's the burn rate? (Burn rate for those who don't know is the amount the company spends each month on overhead, so all outgoing money for everything)
Simple to get a rough idea of how long this can last
Example, if there's a million in the bank and the burn rate is $200k/month....5 months and it's over.
Ask IR, it's public info they have to tell us...