yes the only reason to even get on ANY exchange is for capital.. which comes in 3 forms.. IPO, Institutional Investors, and Retail Investors(sadly but this one is and us, and this one = dilution)
the 181k is sales/gross profit. that is not the bottom line.. the bottom line was a net profit of ($8207.92) <<< this is a loss.. total operating expenses were 189,237.92.
However, this is good news.. This is Chancery Resources Fiscal Report NOT Airtrona.... This is the whole reason Airtona Bought CCRY.. Chancery Resources Mining Business is of no importance here...
pardon my french but CCRY is just the cheapest slut on the block... Airtona pays off the debt, gets shares issued with no value, and gets the ticker, access to capital markets whether its dilution or uplisting and does NOT have to deal with the headache of applying.
The only thing that matters from a business perspective about Chancery Resources is the $8k debt that Airtona is willing to pay to get on the market.. which tells me they are Cash Flow Positive, also with that line of thinking it leads me to believe they have no reason to dilute, dont like volatility and want to increase shareholder value.. all signs point to SHARE BUY BACK.... dont expect the share buy back to happen all at once.. i imagine they will slowly buy back shares all the way to Nov where at that point they will have all of their ducks in a row to R/S then uplist.. (if a R/S is even necessary at that point.. )
This is a healthy climb for a stock.. especially coming from 001s... we have been making 30%-50% gains on green days..
Once we get to a higher PPS these % gains will equal a much more substantial $$ amount in your portfolio as 30% of .02 is .006 soo once we hit 2pennies.. on a 30% green day it will be .026 which will move in one day as much as it did last week through yesterday..
anywho i rambled a bit.. but oh well
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