Parklife, - If you read the latest financial statements you can make some decent assumptions regarding your questions...
"Is there any Agroburst product in production? "
- This is doubtful considering the company's balance sheet. They have current liabilities of $498k and only $161k in current assets. It doesn't appear that the company is in a financial position to actively produce anything..
"Does the company even have a warehouse and any have any product in inventory? "
- The balance sheet shows Property, Plant, and Equipment of only $16,284. If you look at Note 3, you will see that this is entirely Computer Equipment. Therefore, no, the company does not have a warehouse. Regarding Inventory, you can see this on the Balance Sheet as well. The company has merely $4,082 in inventory.
From their financial position the company would likely need to be paid in advance for an order of any significance. Or somehow raise money to fund the production while they wait to get paid.??
"Is there any evidence of the company's operations? I think it's time and would ease my fears to see the company make a video tour of their facility"
As mentioned, the company does not appear to have a facility. Unless it rents something, and the rental payments are buried in General Expenses.. However, from page 16 of the Management Discussion and Analysis it looks like most of the Gereral Expenses are travel. Perhaps GROG outsources to another company to produce agraburst for them..?
