If Jedda and Caumartin are real why can't I find either of them on any SEC filed document.Garth is the only director listed on any DOCUMENT I've reviewed.As for their financial condition the last quarterly report shows over 500k in liabitities with about 50k in assets,half of which is the value of their worthless claims.Who is going to lend this loser money,when in 10 years of investment schemes he has yet to produce 1 penny of revenues.THIS IS A TOTAL SCAM.Do all the DD you want ,you can't find anything that points to a reason to buy crap like this and expect to make money!Time to take the tax loss and move on if you can find a buyer for this worthless crap!Canada shut off trading in the scam and the US shouldn't be far behind!THIS IS ONE BIG JOKE!
Canwealth's last quarter....no wonder they can't get a trading symbol.Nothing here but debt!
Balance Sheets (Unaudited) - USD ($) Sep. 30, 2015 Dec. 31, 2014
Current assets:
Cash and cash equivalent $ 2,138
Total current assets 2,138
Property and equipment 34,207 $ 39,494
Other assets:
Intangible assets 19,249 22,224
Total other assets 19,249 22,224
Total assets $ 55,594 61,718
Current liabilities:
Bank indebtedness 325
Accounts payable and accrued liabilities $ 407,816 397,281
Convertible note payable 122,498 64,977
Loans from non-related parties 50,152 59,046
Loans from related parties 44,399 60,074
Total current liabilities $ 624,865 $ 581,703
Commitments and contingencies
Stockholders' deficit:
Preferred stock; $0.0001 par value, 20,000,000 shares authorized, none issued and outstanding as of September 30, 2015 and December 31, 2014
Common stock; $0.0001 par value, 100,000,000 shares authorized 50,771,631 shares issued and outstanding as of September 30, 2015 and December 31, 2014
$ 5,077 $ 5,077
Additional paid in capital 7,833 8,170
Other comprehensive income (loss) 84,379 38,050
Deficit accumulated (666,560) (571,282)
Total stockholders' deficit (569,271) (519,985)
Total liabilities and stockholders' deficit
