Current Water Technologies Inc V.WATR

Financials/MD&A 2022- On SEDAR

[G1945V]

Audited annual financial statements - English
https://ceo.ca/content/sedar/WATR-20230428-Audited-annual-financial-statements-English-27c2.pdf

 

MD&A - English
https://ceo.ca/content/sedar/WATR-20230428-MDA-English-87a2.pdf

G1945V

[G1945V]

REVENUE - sales 2022                                                                                    $ 2,158,266 EXPENSES                

[G1945V]

Cash position on Dec 31, 2022, stood at $118,674.00. Let's see if the Q1, 2023 financials show the funds advanced to CWTI from Separtis in the amount of US $250, 000.00 (CAN $325.000). They will need it. Anxious to see the Q1 2023 financials to know their cash position. "February 9, 2023: Upon execution of the Definitive Agreement on or before February 28, 2023, CWTI shall receive a

[Castling1]

I immediately question the timing of the SEDAR posting, once again early on a Friday evening, Can't help but get the impression WATR's attempting to hide poor financials. Optics are not good. 

[G1945V]

What I'm questioning is the length of time it's taking to cement the deal with Separtis. What I'm questioning is Separti's financial capacity (being a private company) that guarantees the US$1,000,000 for the annual technology licencing fee and to support the JV operating expenses. G1945V