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Read the fins....meh...pretty much what I expected... They must

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Ricosauve   Monday, 08/20/18 11:07:16 AM
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Read the fins....meh...pretty much what I expected...

They must have paid Maxim their last installment this last q....ridiculous sum of money...not sure what benefit they got from hiring them....I don’t see much...

This is the only part that caught my eye in the fins...

“Operating losses during the three months ended June 30, 2018 were mainly due to a one-time expenditure incurred for general financial advisory and investment banking services, on account of the agreement signed with Maxim Group LLC on July 3, 2017.

Furthermore, the Company has entered into contracts with the clients for the products launched during the fiscal year 2017-18 and our management is confident that these projects shall generate sufficient revenues to offset the operating losses in the recent future.”

You’d think Maxim could have generated more volume and interest by now...I didn’t see any reason mentioned for the stock dividend...I may have missed it though....

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