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Jack_Herer

05/15/19 12:19 PM

#33604 RE: dave79 #33603

-Net cash flows provided by financing activities totaled approximately $50,000 for the three months ended March 31, 2019

-Accrued expenses included approximately $366,000 in principal and accrued interest owed under the Promissory Note (which means the $350K is exhausted?)

-As of March 31, 2019, we had $30,383 in cash as compared to $5,895 as of December 31, 2018 (might get them through another quarter)

-General and administrative expenses totaled approximately $56,000 in the first quarter of 2019 (spent on what?)

-Management anticipates continued funding from Delfin over the next twelve months as it determines the direction of the Company.


Another nothing-burger apart from a commitment to continue funding.
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BeamMeUpScotty

05/15/19 2:20 PM

#33605 RE: dave79 #33603

I don’t think they will go public until the trade war situation is resolved otherwise they won’t know what terms they may or may not be able to trade with China.