Replies to post #25361 on Cardinal Resources Inc fka CDNL

[gitreal]

Funds do remain in the trust account to help move the work forward.

That is from the recent update about the China "deal". Is that what you mean by the money being in escrow? Are you saying that the $1.1 million was never truly released for CDNL's use? If so, that would directly contradict what many have been saying here.

Even today it was said that "They have received $1.13 million to date and zeroing in on an additional milestone payment with this new Redbird delivery and installation."

Received, but not really received? Paid, but not available?

Hmmm.....lack of financials really makes it tough to know what these jokers are doing. And today marks yet another delinquent filing.

The audit excuse gets lamer and lamer every day.

[camelsaremything]

I wonder how the Cameroon contract will play "IF" and I stress "IF" everything is signed off on...will the Chinese Mass produce the units needed?
My understanding is that the Chinese want Kevin to step down as the CEO...NOT LEAVE THE COMPANY...just step out of the way from running the day-to-day. That is why they are withholding the money....is that what you are hearing? Could you blame the Chinese for this...Kevin is a TOTAL disaster running a company?

[MakeaFuss]

Baloney! Pink sheet registrations NEVER get pulled that quickly!!!!!!!!!!!!!!!

[sillylung]

Obviously borrowing a few K from a long time shareholder to write something we've yet to see, reflects the stringency CDNL must exercise to survive day to day

It is quite puzzling that this is being thrown around as a fact. It goes to show the boiler room tactics.

[sillylung]

In reply to sillylung
Kevin Jones - CDNL ?@krjcardinal Nov 17

@Sillylung13 There was a conventional loan offered by a long term investor. We appreciated the offer but declined to take the loan.
0 replies 2 retweets 5 likes


Please fact check your information before posting. Using message board fodder doesn't count as a fact.

[bogblog]

Why haven't CDNL filed updated financials yet? I used to like this company's story and it's sad to see it in pos territory.