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Friday, May 13, 2016 11:24:21 AM
Money just keeps pouring into Mackinnon's pockets ,for doing nothing !!!
The accounts payable balance for a severance commitment due to a former Chief Executive Officer of the Company was $nil at the end of the period (June 31, 2015: $46,292).
now this!!
The Company incurred $68,293 in general and administrative costs (March 31, 2015: $74,200) from a public company related by common management, Red Pine Exploration Inc. (TSX.V: "RPX"). During the period the Company forgave the $68,293 in general and administrative costs as a result of a settlement agreement between the Companies. The accounts payable balance for general and administrative costs due to RPX was $nil as at March 31, 2016 (June 30, 2015: $24,048).
They just keep passing each other money Yearie is the president of Red Pine and a BOD of ENZR
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