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Bullboard - Stock Discussion Forum CVR Medical Corp CRRVF

CVR Medical Corp. is a medical technology organization. The Company is focused on the development and advancement of technology at work within the healthcare sector. The Company’s Carotid Stenotic Scan (CSS) is a diagnostic tool designed to detect and determine a level of carotid narrowing for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool... see more

GREY:CRRVF - Post Discussion

CVR Medical Corp > CVR Med AGM
View:
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 
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