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Re: mike on the trail post# 16850

Tuesday, 11/14/2017 3:27:07 PM

Tuesday, November 14, 2017 3:27:07 PM

Post# of 17503
CEO John Wilkes, MBA, CPA, CA has an impressive resume. Wouldn't you think that Wilkes with Big Four international CPA firm experience from Coopers & Lybrand (now PwC) would be able to generate internal interim financials for a company with such a modest scale of operations, if any operations at all? Of course, there is a fee to publish the quarterly financials and the company's coffers appear to be quite dry. But wait, they do have $1.7M in deferred tax assets, but turning those assets into cash has apparently been deferred...

I find this all to be rather disappointing although not terribly surprising.

Gilda

The following is from Bloomberg:

https://www.bloomberg.com/research/stocks/people/person.asp?personId=126888821&privcapId=115875763

Mr. John S. Wilkes, M.B.A., C.P.A., C.A., has been the Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer at HemCare Health Services Inc. since August 19, 2016. Mr. Wilkes has been Chief Executive Officer and President of Cyberworks Robotics Inc. since March 18, 2016 and served as its Chief Financial Officer and Director of Strategic Partnerships. He has been the Chief Executive Officer and President of Atlantic Wind & Solar, Inc. since April 2015. He served as the Chief Financial Officer of HemCare Health Services Inc. from 2014 to September 16, 2015 and served as its Secretary and Treasurer. Mr. Wilkes served as President and Chief Executive Officer of Bio-Carbon Solutions International Inc. until January 25, 2011. He worked privately for a brief period of time before joining Coopers & Lybrand in Toronto, Canada. While there he focused on insolvency and Mergers and Acquisitions. In the early '90's he joined a junior investment bank called Peagun Corporation where he spent most of his time evaluating environmental technologies. Since 2005, Mr. Wilkes has been an Independent Investment Management Professional, making private investments in both private and public companies that, for the most part, have their core business in the environmental space. He has been Chairman and Director of Atlantic Wind & Solar, Inc. since July 28, 2015. Mr. Wilkes serves as Chairman of HemCare Health Services Inc. He serves as Chairman and Director of Great Rock Development Corp. He serves as Director of HemCare Health Services Inc. He served as Director of HemCare Health Services Inc. since October 29, 2010 until October 23, 2011. Mr. Wilkes served as a Director of NSU Resources, Inc. (Bio-Carbon Solutions International Inc.) from October 29, 2010 to October 2011. He serves as Director of Cyberworks Robotics Inc. Mr. Wilkes earned his C.A. designation with Price Waterhouse in Toronto, Canada in the late 1980's.