Home > Boards > Canadian > Mining/Resources > Imagination Park Entertainment, Inc. (CNSX:IP)

Reality time for IP. M&A shows the financial

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Sam Dan Member Level  Monday, 06/15/20 05:32:24 PM
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Reality time for IP. M&A shows the financial results for Feb 29,2020 Loss of 2cents per share slightly higher than Feb 28,2019.

The company MUST achieve a positive revenue stream from sales and/or successful PP to survive. Plain and simple.

They have some minor success so far. It is hard to translate the sales they made to the possible profit gained as we do not get details of revenue generated from each project.

So basically, investors must evaluate their financial involvement based on “hope”, economic personal risk and “prayer”. Just like Apple, IBM etc. original investors did. As well as investments that bombed.

The company listed these risks as a necessary SEDAR requirement. Read them and decide what you want to do or not Personally I am a bear for punishment and am holding a significant position What the heck!!!

RISKS AND UNCERTAINTIES The Company's financial condition, results of operations and business are subject to risks.
The following are identified as the main risk factors: Financing The Company is reliant upon financing in order to continue its operations because it does not derive any income from its assets. There is no guarantee that future sources of funding will be available to the Company. If the Company is not able to raise additional funding in the future, it will be unable to carry out its operations. Key Personnel The future of the Company is dependent on the management of the Company. The departure of any of operations or management personnel or their inability to continue being functional could have an adverse impact on the Company’s growth, business, financial position, and operating results. Competition The Company will compete with many larger companies and newcomers to the industry that will have greater financial and technical resources than the Company for the development of its applications as well as the recruitment and retention of qualified consultants and employees

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