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Bullboard - Stock Discussion Forum Maritime Launch Services Ltd N.MAXQ

Alternate Symbol(s):  MAXQF

Maritime Launch Services Inc is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry.

NEO:MAXQ - Post Discussion

Maritime Launch Services Ltd > The Moms Gone Wild Memorial Spaceport
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Post by TheRealCansoJim on Apr 13, 2023 6:35am

The Moms Gone Wild Memorial Spaceport

At December 31, 2022, the Company had no source of operating cash flow. Operations have been funded from the issuance of share capital and convertible debentures and as such, the Company’s ability to continue as a going concern is dependent upon the ability to obtain financing to be able to secure adequate bonding for future projects. It is not possible at this time to predict the outcome of these matters. The Company incurred a net comprehensive loss of $7,450,698 for the year ended December 31, 2022 (2021 – $4,317,406). As a result, there is material uncertainty that may cast significant doubt as to whether the Company will have the ability to continue as a going concern.

Nova Scotia’s next dystopian tourist destination
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