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Bullboard - Stock Discussion Forum TVI Pacific Inc V.TVI

Alternate Symbol(s):  TVIPF

TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines. The Company holds a 30.66% interest in TVI Resource Development Phils., Inc. (TVIRD). TVIRD's assets include the wholly owned Balabag gold-silver mine and Siana gold mine (Siana). It also has in its portfolio of projects its 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo... see more

TSXV:TVI - Post Discussion

TVI Pacific Inc > Just reviewing Q2 results and noticed questionable expense..
View:
Post by rockingrooster on Oct 21, 2022 11:35am

Just reviewing Q2 results and noticed questionable expense..

During the three and six months ended June 30, 2022, the Company also incurred expenses of $51,702 and $112,891, respectively (June 30, 2021 - $25,259 and $71,578, respectively) for administrative services provided by Regent Parkway, a corporation controlled by a director and officer of TVI.
Anyone knows who owns Regent Parkway ?
Comment by rockingrooster on Oct 21, 2022 12:03pm
Found it..Clifford M. James, the President, Chief Executive Officer and a director of the Company, and two corporations controlled by him, Seajay Management Enterprises Ltd. ("Seajay") and Regent Parkway 3202 Management Inc.
Comment by Bigalex on Oct 21, 2022 12:31pm
Strange...seem like some conflict of interest. June 2023 will be my selling date if nothing's happening before
Comment by RUNTOWIN9 on Oct 24, 2022 9:54am
I'm out at 5 cents, if it ever gets there.   A very frustrating stock
Comment by stever50 on Oct 27, 2022 4:42pm
Lol. Tell me about it. Looks like another year.  False alarm whe. We got that .06 
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