Replies to post #736 on Cannabix Technologies Inc (BLOZF)

[ML33027]

Daktari,

They are well funded to proceed with what ever they need. No fear! we have a winner here.

[GOLD DIGGAA]

They have cash in hand. From what I remember they had $750,000 last fall. I'm sure they've burned through a substantial amount with prototype development. No idea what they have as of today. They have minimal burn rate... Something like 25K/month

There are plans of private placements after prototype release, and another after patent approval. 12,500,000 total shares from what I remember, so expect some dilution to get this thing out there.

Just keeping it real. We've got a ways to go still. I'd sooner see a gradual increase than a ridiculous pump.

[Mr. Zen]

This is from Oct 2014, their last quarterly

CANNABIX TECHNOLOGIES INC. 
 Statements of financial position 
 (Expressed in Canadian dollars) 
  
 October 31,2014      April 30,2014 
  
  
 (unaudited)Assets   
  
 Cash                        683,426      241,261 
 Amounts receivable           36,084        1,058 
 Prepaid expenses              25,729      41,667 
 Total current assets          745,239    283,986