Thursday, December 15, 2016 1:31:08 AM
After over 2 months of no news they issue a PR congratulating a board member for some absolutely TERRIBLE poster he made? LOL this must be a joke?
http://www.tmrcorp.com/_resources/reports/AGU_Poster-Li_Be-12-2-16_Final.pdf
As soon as I saw this I sold my entire position. Ended up netting a pittance but netting nonetheless. I see after the close they issued their 10K, which is packed full of truly awful disclaimers and statements like this:
"We had no revenues during the fiscal year ended August 31, 2016. For the fiscal year ended August 31, 2016, our net loss was approximately $1,214,000 and our accumulated deficit at August 31, 2016 was approximately $32,497,000. At August 31, 2016, our cash position was approximately $5,000 and our working capital deficit was approximately $856,000."
Only reason I was ever invested or trading in this company was because of Jack Lifton. After he bailed and started supporting this company's competitors there has been no real reason to stick around. Good luck to any who ride this out, I hope it makes you a fortune. For me it just doesn't make sense anymore, and so I'm out.
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