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Prudent Capitalist

08/17/16 11:13 AM

#70006 RE: Tom1323 #69994

Nonsense. Look at the total revenues figure in the financials. That number you are using is spin from a supposed profit or gain from a bookkeeping entry with the company in Peru. And, any CPA knows that issuance of Bonds creates a debit and payment obligation, not revenue or profit. Just more smoke and mirrors from CGRA.

elkonig

08/17/16 11:35 AM

#70030 RE: Tom1323 #69994

CGRA had an operating loss of $400,000.00 for the last quarter. Anything else in the financials to make the end result look pretty is just putting lipstick on a pig. You won't see any PCAOB auditor signing off on those financials.