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Bullboard - Stock Discussion Forum Otso Gold Corp. V.OTSO

Otso Gold Corp is a gold mining company. The company's only segment being acquisition and exploration of gold resource properties. Geographically, it has a presence in the Americas and Europe.

TSXV:OTSO - Post Discussion

Otso Gold Corp. > Otso Financials and The Wesson’s Travel Expenses
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Post by basbot on Aug 07, 2020 11:19am

Otso Financials and The Wesson’s Travel Expenses

The Wesson's have yet to file end of April 2020 financial statements. The excuse for not doing so is based on Covid. These are due on August 15 and then we will be able to see what's been going on with the Wesson's enriching themselves. 

On the enrichment front, if you take a look at the last financial statements you will see that their travel expenses for the quarter were close to $400,000!!!! So, between father and son, they have been travelling first class all the way at shareholders expense. 

My guess is that there is zero cash in the company and they don't have the ability to raise enough cash for start up and operating expenses. The investment community can see what has been going on with the way the Wesson's have been running this company. 

lastly, this mine is not going to open in the next few months while the Wesson's are dipping into the honey pot.

Comment by Dummoney on Aug 07, 2020 1:14pm
Bash Bot We're still waiting for you to provide the link for the Wesson's seperate salaries from "the financial statements". I presume it's a byline from SG n A in the income statement ?. Travel expenses likewise? Please provide the links. Pardon my error in my last post to you where I said the last inept management was still costing this company legal fees. I note that last ...more  
Comment by EyeofTiger on Aug 07, 2020 2:53pm
Sooory not intended but look dumboy gold is over 2000 and my stock don’t rise up. 0,06  requires serious answering by Weeson bros. This is a battery, this is shameful …don’t know who is the pitcher, who is the catcher. All benders and breadbaskets. Cmon cheer up. Court case ????????? What the heck is this? Lose win with whom…where……..hello wake up dummyboy . The forum aint for dumspeak. I for ...more  
Comment by EyeofTiger on Aug 07, 2020 3:27pm
This Corum Guy. Brilliant stuff. Who are u ? You know quite a lot. Pls reveal your ID. Left it at fact 1, 2, 3,4, 5. Article 10B . Is it out? Anybody. Lets not drag these articles. Lovely stuff but whats the bottomline here. Its way abnormal to see 2000 and 0,06
Comment by EyeofTiger on Aug 07, 2020 3:32pm
Corum this aint Netflix. Try covering bottomlines. Technical stuff good read but whats in it for me? 2000 and 0,06. I mean this does not add up.
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