director spends $86,337 on market , page-22

The ongoing gross profit seems to include land costs but how that is expensed the company hasn't explained. There might be some free cash flow if the they have expensed the land costs here over the 15 yeas rather than up front.

If not it will be as you say a highly profitable company that bleeds cash alas the MIS companies. The clarification we wanted was how the company funds the land acquisition required to plant the trees as this seems to be like the MIS companies. Does the company generate free cash flow to fund these acquisitions or does it require equity infusions.

I'm pretty sure most people understand the revenue comes from carbon credits instead of woodchips.