Post by
investeur2 on Jun 29, 2013 11:07am
Quarterly Financials
Just read through the latest quarterly financials and am appalled at the mismanagement of this company!!!! Kehoe should be ashamed of himself and his gross handling (mishandling) of all the affairs of this company. To add insult to injury $55,000.00 per month were paid in salary and consulting and $9,000.00 in rent in a period where nothing constructive was done, leases were allowed to lapse and production was cut by over half. Shame! Shame! Shame!
Comment by
jimmygee on Jun 29, 2013 11:37am
Good that you are on top of it Investeur2. You should take the time to read the MD & A report very carefully. You will find in there what the company was careful not to disclose in a press release.
Comment by
jimmygee on Jun 30, 2013 5:02pm
Sure. Read the paragraph labeled "Contractual Obligations and Contingencies" at the bottom of Page 10 and the top of Page 11. Everyone should familiarize themselves with this document and ask management questions about what they don't understand in it.