Biorem Inc V.BRM

Q3

[Possibleidiot01]

Results out. Revenues down but ""These project delays in the first nine months of the year have set up the fourth quarter of 2021 to likely be record breaking in terms of revenues and earnings."

Backlog remaining steady about $30 million.

"On August 5, 2021 the Company announced an agreement to purchase for cancellation 23,434,121 common shares from TPFG Environment Investment Limited. All regulatory approvals have been received and financing secured. The transaction is expected to close on or about December 1, 2021 ."

[KnowledgeSeekr8]

I am hopeful that that statement about Q4 comes true. I would say that they are already nearly 2 months through the 3 months of the quarter so would likely have some clarity on the numbers for the quarter so that might be the only really positive news in the release. I've not had a chance to review the full statements on Sedar but I am interested as to how they posted a net loss considering

[bassfinder]

"These project delays in the first nine months of the year have set up the fourth quarter of 2021 to likely be record breaking in terms of revenues and earnings." Well what would actually be "record breaking"? In recent history, Q4-2018 completely stands out as the high water mark. Biorem realized revenues over 10.8 million and earnings over 4.33 million, just in this