Don't post much but you guys need to check out the balance sheet in the annual report if you want to understand a major part of the reason this stock is not taking off. The expenses side is huge.
They only had $3,259 cash at the end of the quarter. They did raise another $230K and have a "committment" for a further $750K. But with current liabilities- trade& other paybles of $2,428,469 it wont go far.
It's costs money to make a business work, especially at the start up stage.
It's a great story, I really like it, but you can see why big investors aren't quite ready to go in no holds barred.
I wouldn't punt the house on this just yet. cheers.
GCN Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
