Post by
shneps on Sep 23, 2024 5:31pm
Major Shareholders
"As at March 31, 2024, the Company had a working capital deficiency of $8,288,062, which includes $2.26 million in related party accounts payable and accrued liabilities in addition to $781K in loans payable from friendly parties who have not and will not demand payment until the Company has started generating revenue and is in the financial position to repay the loans."
I guess Ronnie Strasser was not of the same opinion as the Management Analysis and Discussion.
Everybody's waiting for the VOYA money to receive their deficit accounts.
Will there actually be anything left after paying for the deficit, water rights, bonuses, etc.
I don't believe the first tranche could possibly provide anything for infrastructure if all these payouts are made.
Sure would be nice to know exactly how much of the financing goes to capital deficiencies, water rights, the new store front Jeff and Heidi bought/ renovated and sold to Greenbriar and Paul Morris, etc.
Considering the gold standard Altus report, from a year ago, states the following -
- $18,946,631 site servicing cost
How much was the first from VOYA supposed to be?
$12M, I can't remember.
Comment by
shneps on Sep 23, 2024 5:34pm
Sorry, How much was the first tranche from VOYA supposed to be?
Comment by
tylerreddick on Sep 23, 2024 11:11pm
I would hope that VOYA isn't stupid enough to allow GRB to use construction money to pay off their debts?