Post by
GrahamB on Sep 12, 2023 10:08am
Checking In
Haven't been here in a while, so checking in- looked at the most recent finacials on SEDAR:
Net loss from continuing operations =15,447,822 for the last 6 months including 8,263,030 used in operating activities. With 5,670,847 in cash,and assuming they can collect receivables and push it to 9,106,810, still have current liabilities of 5,848,912. With cash burn, upcoming legal issues (Deja Vu) in my estimation a liquidity crunch is coming.
What exactly has this company achieved since its formation?