Post by
Realhumanbean95 on May 11, 2016 3:00pm
Emails i received from dave burwell at howard group
First email May 2: Here is Steve Hancocks response to an investor asking about the financials. The administration and logistics involved to get the Private Placement done were very complicated and time consuming - no ones fault just a lot of moving parts. One consequence of this is we have got a little behind on completing the financial statements but should be filing them in the next day or so. As soon as they are ready we will also be issuing an update on the business in general
Comment by
Realhumanbean95 on May 11, 2016 3:01pm
Second email may 10: I just spoke to Steve Hancock. He acknowledged that they are still working on the audit. He wasnt comfortable providing a new estimate in regards to timing. Thank you for your patience. Regards, Dave
Comment by
Realhumanbean95 on May 11, 2016 3:03pm
Third and final may 11 : We are continuing to support the company, as we are significant shareholders. We haven't received payment from them for a number of months, so we can't really class them as clients any more. Not saying they won't be added back on in the future. Regards, Dave
Comment by
Patty3 on May 11, 2016 3:32pm
It is also unlikely that Howard Group want to show Vidwrx as a client while trading is halted because of non-compliance.
Comment by
Realhumanbean95 on May 11, 2016 3:40pm
You think there finished ?
Comment by
proulxm on May 11, 2016 3:08pm
Thanks for sharing RHB95. Looks like world is not falling apart after all. Let's hope for the best!
Comment by
JohnnyTSX on May 11, 2016 3:14pm
I wouldn't say this thing has been steered out of the ditch just yet. Just hoping for no CCAA at this point.