Post by
150pershare on Mar 22, 2023 10:02am
Read page 20 of MD&A
"As at the date of this MD&A our cash balance was approximately $54,000"
They have burned through another $13 million in less than three months. Incredible.
"The company was not in compliance with the fixed charge coverage ratio and senior leverage ratio covenants of the credit agreement as of December 31, 2022"
Now you know why Kidd was kicked to the curb.