2019 annual report redone and audited........
Key changes from the unaudited report:
impairment 1 added: -$123k
impairment 2 added: -$773k
eps(loss) of -12c(audited) vs -9c(old)
convertible bond update:
During May 2020, the Company issued 981,873 shares of Common Stock to Tangiers Global LLC upon their conversion of $19,500 of outstanding convertible debt.
During July 2020, in two transactions the Company issued 2,228,772 shares of Common Stock to Tangiers Global LLC upon their conversion of $25,408 of outstanding convertible debt.
subsequently
the current shares count is 25.9 million shares,about 3.3 million shares jump from 12/31/2019.
ps-a smart move by the ceo to cleanout skeletons in the closet,thus he starts with a clean slate,with almost all legacy issues decoupled going forward.
