Pontus Protein Ltd HLKKF

re-halted?

[winnerswing]

it does not bode well

[winnerswing]

QTR report is out!

[winnerswing]

They need financing ASAP

[Tim2Agami]

FROM SEDAR As of May 31, 2022, the Company had a cash and cash equivalents balance of $Nil (November 30, 2021 - $12,342) to settle current liabilities of $2,285,118 (November 30, 2021 - $2,314,263). Based on management’s assessment of its past ability to obtain required funding, the Company believes that it will be able to satisfy its current and long-term obligations as they come due.

[westshore]

Sad they ran this into the ground and had to finance @.03 Major dilution for a pitance. Shameful management.

[winnerswing]

The cie was very promising, but something not good happened. The price drop was really brutal and extremely painful. There were investors who bought at much much higher prices than now. Nobody is overwater I believe. But now there has been changes in management. Cie is very young, and it never had the chance to produce something so far. I would like to witness the final developments of the

[westshore]

Market for this sector is big -but execution is where most startups fail. Too much paper already...and we are not even close to being out of the woods yet. No news...very slow progress-no cash flow--long way to profitability.

[billybob22]

Its fricken redic that the new management has not responded, the web site is in disarray no news on the plant. Not sure why we are even intertaining that this is a viable company.