Post by
OleMule on Feb 02, 2021 1:56pm
CVR Med AGM
All - in reading the Company's last filing at the end of that period, they had some CAD $5,000 in the bank. In order to hold the AGM timely between now and March, they are going to need at a minimum CAD $100-200k forget anything else. Where's that $$ coming from?
Comment by
Looneytunes on Feb 02, 2021 3:56pm
I assume the directors are lending money to the company to keep it afloat however there is a complete lack of transparency as to the terms of the loans and how much debt the company is now carrying.
Comment by
Growth100Percnt on Feb 02, 2021 8:30pm
At least it seems like things are starting to move forward.
Comment by
Anthdino on Feb 02, 2021 8:08pm
Why do you need 100-200k to hold a meeting?
Comment by
OleMule on Feb 03, 2021 3:29am
Their is a cost to do so involving the TSX Fee, Legal, Accounting, Auditors, Tranfer Agent and Proxy Service fees