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loanranger

09/12/19 7:57 AM

#304487 RE: fourkids_9pets #304483

What page is the Canadian Patent announcement on?

I'll bet they could get a real good licensing deal if they threw in that honey of a blending facility that they tried to rent (couldn't) and have been trying to sell for a while now. Bet they couldn't even give it away. Too bad....probably still has some of the old glop that Heddle Marine trucked over there a couple of years back (payment still due for that service). Got a nice license too, and it's good for another whole month!

These licenses remind me of the OTCQB tier renewals. Useless for any purpose whatsoever other than renewing. Thank goodness those two genius Directors keep forking over their couch change to facilitate that (I think they must call it "Other":

"The Company received $22,396 on August 16, 2019, $23,529 on July 15, 2019 and $22,442 on August 23, 2019 from the Company’s CEO and Directors in the form of demand secured promissory notes. The advances bear interest at 4%."
That is from the Subsequent Events section. The new debt incurred to the CEO and Directors DURING the quarter is hidden in the incredibly lengthy "NOTE 5 – SECURED PROMISSORY NOTES - RELATED PARTIES".

What's that money paying for, anyway?
Stuff like this:
Professional Fees $38,543
Compensation $105,829
Other $39,315

$60K of the Compensation is Heddle (expensed and accrued).
"As of May 2019, we employed three persons full-time and one person part-time, of which one were executive management, one and one half were in finance and administration, one was in operations."
I guess the other $45K a quarter goes to the two and a half people that bring him coffee, clean up for him and answer the phone ("Sorry, Mr. Heddle isn't in right now" and "The check is in the mail" should cover most of the calls).


Turkeys.
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fourkids_9pets

11/14/19 5:10 PM

#305110 RE: fourkids_9pets #304483

PTOI NT Filed (10Q)

https://www.sec.gov/Archives/edgar/data/1381105/000149315219017517/formnt10-q.htm

News Alert: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/14/2019 04:38:20 PM