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Pranner

06/21/19 12:18 PM

#62524 RE: 420Hope #62523

We need a benefactor; deep pockets that see the potential we all see... That is past the mismanagement.

malt66

06/21/19 7:21 PM

#62534 RE: 420Hope #62523

Not AT ALL...They have debt...

You are misunderstanding derivative liabilities vs. ACTUAL debt. Derivative liabilities make the balance sheet look like they're drowning in debt, NOT so..

As at March 31, 2019, the carrying value of the note was $25,616 and the fair value of the derivative liability was $804,260. During the three months ended March 31, 2019, the Company accreted $25,616 of the debt discount to finance costs.

I like the direction...to everyone his own.